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The IRS said earlier this year that nearly a million people nationwide haven't claimed their refunds for the 2020 tax year. That includes 51,400 New York residents owed $60,837,400,...
The agency estimated the median refund in New York at $945. The IRS estimates the unclaimed cash totals $1.5 billion nationwide, including nearly $87 million.
The main thing parents need to know is how the advance tax credits — in effect, an advance on their refunds — apply to their individual situations. In many cases, refunds will be smaller.
Since the IRS only handles federal taxes, it cannot help you locate the status of your state income tax refund. Instead, you have to contact the state agency responsible for issuing tax refunds.
The New York State Department of Taxation and Finance (NYSDTF) is the department of the New York state government responsible for taxation and revenue, including handling all tax forms and publications, and dispersing tax revenue to other agencies and counties within New York State.
The New York State School Tax Relief Program (more commonly known as the STAR Program), or New York State Real Property Tax Law §425, is a school tax rebate program offered in New York State aimed at reducing school district property taxes on the primary residences of New York residents.