#taxrefund
California refund debit cards near expiration leave millions unclaimed
Millions of debit cards issued under California’s Middle Class Tax Refund program in 2022 are set to expire on April 30, leaving hundreds of millions of dollars at risk of going unclaimed, according to state records. The looming deadline has raised concerns for consumers who may still have unused balances but face difficulties accessing their funds. Data from the California Franchise Tax Board shows that only 43% of the distributed cards have been fully used, while approximately 10% have never been activated. That translates to roughly 960,000 cards still holding an estimated $400 million that could revert to the state if not claimed before the expiration date. Some cardholders report unexpected issues when attempting to use their remaining balances. In certain cases, cards that initially worked were later declined despite having available funds. Attempts to withdraw money at banks have also been unsuccessful for some users, with reports indicating that accounts were inaccessible or cards had been deactivated without clear explanation. Consumers have described ongoing challenges in resolving these problems through customer service channels. Calls to the program’s card provider, Money Network, have sometimes resulted in long wait times or difficulty reaching assistance. The company’s parent, Fiserv, said in a statement that it is implementing program changes in accordance with California requirements and the Better for Families Act. State officials note that some cards may be deactivated or funds frozen due to fraud prevention measures. They advise cardholders experiencing issues to contact customer service directly during weekday business hours, from 8:00 AM to 5:00 PM. Assistance will only be available through April 30. With the deadline approaching, officials are urging residents to check for unused cards and confirm balances as soon as possible. Any remaining funds not accessed before expiration could be returned to state lawmakers, underscoring the importance of prompt action for those who may still be eligible to use the money.
California refund debit cards near expiration leave millions unclaimed
Millions of debit cards issued under California’s Middle Class Tax Refund program in 2022 are set to expire on April 30, leaving hundreds of millions of dollars at risk of going unclaimed, according to state records. The looming deadline has raised concerns for consumers who may still have unused balances but face difficulties accessing their funds. Data from the California Franchise Tax Board shows that only 43% of the distributed cards have been fully used, while approximately 10% have never been activated. That translates to roughly 960,000 cards still holding an estimated $400 million that could revert to the state if not claimed before the expiration date. Some cardholders report unexpected issues when attempting to use their remaining balances. In certain cases, cards that initially worked were later declined despite having available funds. Attempts to withdraw money at banks have also been unsuccessful for some users, with reports indicating that accounts were inaccessible or cards had been deactivated without clear explanation. Consumers have described ongoing challenges in resolving these problems through customer service channels. Calls to the program’s card provider, Money Network, have sometimes resulted in long wait times or difficulty reaching assistance. The company’s parent, Fiserv, said in a statement that it is implementing program changes in accordance with California requirements and the Better for Families Act. State officials note that some cards may be deactivated or funds frozen due to fraud prevention measures. They advise cardholders experiencing issues to contact customer service directly during weekday business hours, from 8:00 AM to 5:00 PM. Assistance will only be available through April 30. With the deadline approaching, officials are urging residents to check for unused cards and confirm balances as soon as possible. Any remaining funds not accessed before expiration could be returned to state lawmakers, underscoring the importance of prompt action for those who may still be eligible to use the money.
No Tax Refund Even After 90 Days? Here's the Reason Behind the Delay
Many taxpayers are facing a frustrating wait for their tax refunds as nearly 24 lakh income tax returns (ITRs) for the Assessment Year 2025–26 have been pending for more than 90 days. According to the Minister of State for Finance, Pankaj Chaudhary, as of February 4, 2026, out of 8.79 crore ITRs filed, approximately 24.64 lakh were yet to be processed, leaving millions of individuals waiting for their refunds. The large backlog has triggered concerns, especially for senior citizen
No Tax Refund Even After 90 Days? Here's the Reason Behind the Delay
Many taxpayers are facing a frustrating wait for their tax refunds as nearly 24 lakh income tax returns (ITRs) for the Assessment Year 2025–26 have been pending for more than 90 days. According to the Minister of State for Finance, Pankaj Chaudhary, as of February 4, 2026, out of 8.79 crore ITRs filed, approximately 24.64 lakh were yet to be processed, leaving millions of individuals waiting for their refunds. The large backlog has triggered concerns, especially for senior citizen
IRS announces Jan. 26 start for 2026 tax filing season amid major law changes
The Internal Revenue Service has announced that the 2026 tax filing season will officially begin on Monday, Jan. 26, giving taxpayers the green light to submit their 2025 individual income tax returns. The agency expects to process approximately 164 million returns during the upcoming season, with the vast majority filed electronically. Officials say new tax law provisions could lower tax liabilities for some filers and potentially increase refund amounts, while operational changes may alter
IRS announces Jan. 26 start for 2026 tax filing season amid major law changes
The Internal Revenue Service has announced that the 2026 tax filing season will officially begin on Monday, Jan. 26, giving taxpayers the green light to submit their 2025 individual income tax returns. The agency expects to process approximately 164 million returns during the upcoming season, with the vast majority filed electronically. Officials say new tax law provisions could lower tax liabilities for some filers and potentially increase refund amounts, while operational changes may alter
Filing ITR Early Can Speed Up Your Tax Refund: Here's How
If you’re wondering whether filing your Income Tax Return (ITR) early will help you get your tax refund faster, the answer is generally yes as long as your return is correct, complete, and verified on time. Filing early ensures that your return is processed smoothly, especially during the less congested period before the September 15, 2025 deadline. Why Early Filing Increases Your Chances of a Quicker R
Filing ITR Early Can Speed Up Your Tax Refund: Here's How
If you’re wondering whether filing your Income Tax Return (ITR) early will help you get your tax refund faster, the answer is generally yes as long as your return is correct, complete, and verified on time. Filing early ensures that your return is processed smoothly, especially during the less congested period before the September 15, 2025 deadline. Why Early Filing Increases Your Chances of a Quicker R
Income Tax Filing for AY 2025-26: Form 16, ITR Process, and What to Do if Form 16 is Delayed
Starting April 1, 2025, taxpayers can begin filing their Income Tax Returns (ITR) for the Assessment Year (AY) 2025-26. Employers will provide Form 16 to salaried employees, which plays a crucial role in filing ITR by summarizing salary details, Tax Deducted at Source (TDS), and other tax-related information for the Financial Year (FY) 2024-25. Understanding Form 16, its contents, and its significance can help taxpayers ensure a smooth and error-free filing process.
Income Tax Filing for AY 2025-26: Form 16, ITR Process, and What to Do if Form 16 is Delayed
Starting April 1, 2025, taxpayers can begin filing their Income Tax Returns (ITR) for the Assessment Year (AY) 2025-26. Employers will provide Form 16 to salaried employees, which plays a crucial role in filing ITR by summarizing salary details, Tax Deducted at Source (TDS), and other tax-related information for the Financial Year (FY) 2024-25. Understanding Form 16, its contents, and its significance can help taxpayers ensure a smooth and error-free filing process.









