The IRS may owe you a pandemic tax refund: How to check if you’re eligible

Coronavirus

Millions of Americans may be eligible for a tax refund thanks to a recent court decision that found taxpayers should not have been charged late penalties during the COVID-19 pandemic. Tax deadlines are required to be postponed during federally declared disasters for the duration of the emergency plus 60 days, according to tax code Section 7508A(d).  A US Court of Federal Claims last November in Kwong v. United States broadened the interpretation of this tax rule, arguing that federal tax

Tag-uri: Coronavirus

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