$1.1 Billion in Unclaimed Tax Refunds -- Could Some Be Yours?

Unclaimed government money
Unclaimed government money

The IRS has announced that there is $1.1 billion in previous unclaimed tax refunds waiting for nearly 1.1 million people who did not file a federal income tax return for 2007. The IRS estimates that half of these potential 2007 refunds amount to at least $640.

Your resource on tax filing
Tax season is here! Check out the Tax Center on AOL Finance for all the tips and tools you need to maximize your return.
Are Political Contributions Tax Deductible?
When elections start picking up, you might be looking to donate or work with your campaign of choice. But are political contributions tax-deductible?
Read MoreBrought to you byTurboTax.com
5 Things You Should Know about Capital Gains Tax
A capital gain occurs when you sell something for more than you spent to acquire it. This happens a lot with investments, but it also applies to personal property, such as a car. Every taxpayer should understand these basic facts about capital gains taxes.
Read MoreBrought to you byTurboTax.com
Top 8 Year-End Tax Tips
Learn these top 8 year-end tax tips in order to maximize your tax refund or minimize the taxes you owe.
Read MoreBrought to you byTurboTax.com
Know the Key Dates for Health Care Reform
The Affordable Care Act (ACA) open enrollment periods vary from year-to-year, but are expected to continue to be late in fall to early winter. Being aware of health care reform key dates can mean avoiding tax penalties for remaining uninsured.
Read MoreBrought to you byTurboTax.com