How does money go missing? Most frequently, people move, and a refund check or account statement is no longer deliverable. Because of this millions of dollars are waiting to be claimed in old bank accounts, pension plans, forgotten 401(k) plans, and at the IRS due to undeliverable tax refunds. Some of it might be yours. How do you find this lost money? Let's start by checking with the IRS.
Each year thousands of income tax refund checks are returned to the IRS as undeliverable because the taxpayer has moved, changed his or her name, or simply because the check has an incomplete or improper address.