Press Releases

Millions in income tax refunds headed for Unclaimed Property unless taxpayers take action

145157347

August 14, 2012

BATON ROUGE – Millions of dollars in state income tax refunds will become unclaimed property if taxpayers don’t claim them by August 24, 2012.

The Louisiana Department of Revenue issued letters to 7,462 taxpayers advising them to claim their refunds by August 24, or the funds will revert to the Unclaimed Property Division of the state treasurer’s office. The total amount of unclaimed refunds is $4,439,963.38.

The advisory involves un-cashed state income tax refund checks dated June 30, 2011, or before, in the amount $50 or more. These checks are no longer valid. Taxpayers who want to claim these refunds before they revert to Unclaimed Property must submit a voucher to request a replacement. The voucher accompanies the letters alerting taxpayers to the August 24 deadline.

If they miss the LDR deadline, taxpayers can claim their refunds from the state treasurer’s Unclaimed Property Division at http://www.treasury.state.la.us/Home Pages/UnclaimedProperty.aspx.