Tens of Millions of Taxpayers May Be Owed IRS Refunds From Pandemic Era: Watchdog

Date:

A 1040 Internal Revenue Service tax form, in this file photo. Madalina Kilroy/The Epoch TimesThe Internal Revenue Service’s internal watchdog said that tens of millions of U.S. taxpayers may be owed refunds or abatements of penalties or interest during the COVID-19 federal disaster period.“The bottom line: You may be entitled to a refund or reduction of assessed penalties and interest. For taxpayers dealing with financial pressures, these amounts can make a real difference. But most taxpayers must act by July 10, 2026, to request their potential refunds,” the National Taxpayer Advocate (NTA) said in a notice published on April 30 and updated on May 1.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Chinese State-Owned Carriers Retained US Infrastructure After FCC Actions: House Report

Three Chinese state-owned telecommunications carriers kept equipment, data center...

How Major US Stock Indexes Fared Aug. 5

Stocks held close to their records on Wall Street,...

SpaceX Rocket Crashes Into the Moon

The Moon seen from Los Angeles, on Oct. 28,...

Visa to Buy Cybersecurity Company BioCatch for $2.4 Billion

Visa headquarters in Foster City, Calif., on Aug. 28,...