Search results
Results from the WOW.Com Content Network
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...
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 ...
The IRS recently announced that it will start to automatically correct tax returns for those that filed for unemployment in 2020 and also qualify for the $10,200 tax break, Forbes reported.
If you're an Illinois resident or business owner, you have until April 18, 2023, to file your Illinois state income taxes. If you're expecting a refund this year, this quick guide explains how to...
Some 76,000 Illinois residents received $123 million in excess regular unemployment benefits since the pandemic hit, and they may be able to keep the money — as long as they haven’t already ...
A recent survey by TaxAudit found that 37% of taxpayers who are receiving or have received unemployment benefits during COVID-19 are concerned they may owe an increased amount of taxes this year.
If you got unemployment benefits in 2020, you just got a tax break courtesy of the $1.9 trillion American Relief Plan that President Joe Biden signed into law on Friday. Here’s how the latest ...
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 ...