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Many workers received Pandemic Unemployment Assistance through the CARES Act, which was signed into law in March 2020 and designed to provide benefits to the unprecedented number of people filing ...
In a memo released yesterday, the U.S. Labor Department states that workers who were asked to repay unemployment benefits received through the CARES Act might be able to get a refund, although it...
Your federal or state income tax refunds, disability or future unemployment benefits could also be seized to collect what’s owed. What to do if you receive an overpayment notice 1.
You might need to file an amended tax return using Form 1040-X to get your full refund if the unemployment tax break makes you newly eligible for a tax deduction or credit such as the earned ...
Filers considering submitting an amended tax return can do so electronically and opt for direct deposit for any refund if they filed their original 2022 return online. Paper filing is still an ...
The refunds will be subject to normal offset rules, including past-due federal tax, state income tax, state unemployment compensation debts, among others. If the refund is used to pay unpaid debt ...
The IRS has finally finished issuing refunds to taxpayers who overpaid their taxes in 2021, when stimulus relief tied to COVID-19 provided tax breaks for unemployment benefits to millions of...
As part of the American Rescue Plan stimulus relief bill that was passed back in March, up to $10,200 in federal taxes on unemployment benefits would be waived for people earning less than $150,000...
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