Millions of people were entitled to exclude up to $10,200 in 2020 unemployment benefits from income. Since the change came after tax season opened, the IRS said it would auto-correct early returns. It ...
The IRS has finished correcting millions of 2020 tax year returns—a process that resulted in the agency issuing 12 million tax refunds averaging $1,232 each, for a total of about $14.8 billion. The ...
We all had a lot going on during the pandemic, so if filing your taxes fell by the wayside, you may have a pleasant surprise in store. The Internal Revenue Service announced Tuesday that almost ...
The IRS may owe those who didn’t file their 2020 taxes hundreds — even thousands — of dollars, but the deadline to claim that money is fast approaching. Nearly 1 million taxpayers have yet to submit ...
Taxpayers who may have unclaimed refunds for tax year 2020 have until May 17 to submit tax returns for those funds, the IRS said Monday. According to the agency, roughly 940,000 people in the U.S.
Time is running out for Kentucky taxpayers to claim millions of dollars in tax refunds set to expire this year. Taxpayers face a May 17 deadline to claim any leftover refunds from tax year 2020. The ...
The I.R.S. estimates that 940,000 people who didn’t file their returns for that year are due back money. The deadline for filing to get it is May 17. By Ann Carrns Who wouldn’t grab an income tax ...
Millions of taxpayers struggled to file their income tax returns during the height of the COVID-19 pandemic. To help, the IRS pushed back the deadline in 2020 and 2021 to give taxpayers more time to ...
More than $1 billion in refunds are waiting to be claimed, and today is the last day to do so, the IRS says. There are almost 940,000 people across the country, who have yet to file their 2020 taxes – ...
When the coronavirus pandemic hit in 2020, it upended tax season for filers and tax professionals alike. To offset the often unavoidable errors, delays and missed deadlines many taxpayers have ...