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$8 million in undelivered refunds.


The FTB FTB Franchise Tax Board (California; they collect income and sales tax)
FTB Family Tax Benefit (Australian welfare assistance)
FTB First Time Buyer (housing) 
 is holding more than $8.1 million in unclaimed 2005 state tax refunds Tax refund

Money back from the government when too much tax has been paid or withheld from a salary.
, with 37,000 refunds returned to the FTB as undeliverable un·de·liv·er·a·ble  
adj.
Difficult or impossible to deliver: undeliverable mail.



un
. Many refunds were never received because people moved between the time they filed their taxes and the refund TO REFUND. To pay back by the party who has received it, to the party who has paid it, money which ought not to have been paid.
     2. On a deficiency of assets, executors and administrators cum testamento annexo, are entitled to have refunded to them legacies
 checks were mailed, the FTB says.

[ILLUSTRATION OMITTED]

To check on the status of a refund or to update an address, contact the FTB at (800) 852-5711 between 7 a.m.-6 p.m., Monday through Friday.

For more, visit www.ftb.ca.gov/aboutFTB/press/2006/06_45.html.
COPYRIGHT 2006 California Society of Certified Public Accountants
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:FTB News
Publication:California CPA
Date:Dec 1, 2006
Words:93
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