That $764 refund may be waiting for you

Want some money? The Internal Revenue Service may have some good news.

Federal income tax refunds totaling $25.2 million await claims from 26,100 Washington taxpayers who did not file a tax return for 2012.

That’s an average refund of $764.

To collect, taxpayers must file a 2012 return by April 18.

“Many of those who did not file in 2012 may also be eligible for the Earned Income Tax Credit which could potentially increase their refund,” said IRS spokesman David Tucker in a release on Thursday.

For 2012, the EITC is worth as much as $5,891, Tucker stated.

Nationwide, the IRS is holding refunds totaling $950 million.

“We especially encourage students and others who didn’t earn much money to look into this situation because they may still be entitled to a refund. Don’t forget, there’s no penalty for filing a late return if you’re due a refund,” said IRS Commissioner John Koskinen

The IRS reminds taxpayers seeking a 2012 refund that their checks may be held if they have not filed tax returns for 2013 and 2014. In addition, the refund will be applied to any amounts still owed to the IRS, or their state tax agency, and may be used to offset unpaid child support or past due federal debts, such as student loans

C.R. Roberts: 253-597-8535

This story was originally published March 10, 2016 at 12:55 PM with the headline "That $764 refund may be waiting for you."