If you were issued your state tax refund by paper check and have not yet cashed it, you have until Friday to do so before that money gets transferred to the Unclaimed Property Division of the State Treasurer’s Office. Byron Henderson with the Louisiana Department of Revenue says the department sent letters to almost 23,000 individual and business taxpayers.
“These taxpayers are individuals or businesses who, for whatever reason, requested their refunds by paper check and, for whatever reason, did not cash those checks,” Henderson said.
The average refund is more than $750, and Henderson points out with almost 23,000 people yet to cash those refund checks, those amounts add up.
“The remaining amount of refunds due for transfer if they’re not claimed is $17,145,961,” Henderson noted.
It’s important to note that even if that money does get transferred to the Unclaimed Property Division, the rightful recipients will never forfeit that money, no matter how long it goes unclaimed. Henderson says if that money does go into Unclaimed Property, they can claim it in one of two ways:
“The first method is to visit revenue.louisiana.gov/UnclaimedRefund, or you can complete and return to us the voucher that’s attached to the letter,” Henderson explained.
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