If your or your client did not file a Montana individual income tax return for tax year 2013 or 2015, they may have unclaimed payments for that year and could be due a refund. If they are due a refund, they must claim their tax return by the April 15 tax deadline.
Note:
The statute of limitations is three years beginning with Tax Year 2015 and five years for tax periods before that.
Here are some facts about unclaimed refunds:
- Some people, such as students and part-time workers, may not have filed because they had too little income to require filing a tax return. They may have a refund waiting if they had taxes withheld from their wages or made quarterly estimated payments.
- If a taxpayer doesn’t file a claim for a refund within the timeframe allowed for Montana individual income tax purposes, the money becomes the property of the state of Montana.
- The Department of Revenue may hold your 2013 and 2015 refund if you have not filed tax returns for other years open under statute. The department will apply the refund to any federal or state tax you owe.
If you have a question about your client’s payment history for tax year 2013 or 2015, and have a Power of Attorney on file for that year, contact us at (406) 444-6900.
