Tag: Unemployment Tax

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Surprise tax refunds will be deposited into thousands of Americans bank accounts by the end of the year, will one be yours?

Many taxpayers can prepare for tax refunds to hit their bank accounts by the end of December. The refunds are going to taxpayers that paid taxes on unemployment income when they didn’t need to. Many of them filed their taxes before it ... MORE
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430,000 people surprised to receive $1,189 stimulus checks, who got them?

The IRS recently sent out the refunds averaging $1,189 to 430,000 taxpayers that paid taxes they should not have on their unemployment. As many wait for a fourth stimulus check that’s starting to look unlikely, people were happy to receive this payment ... MORE
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Are you one of the 430,000 people receiving surprise stimulus checks from the IRS?

The IRS recently sent out 430,000 stimulus checks from President Joe Biden’s American Rescue Plan. These payments are for those that paid taxes on their unemployment before the American Rescue Plan passed. The plan made it so the first $10,200 in unemployment ... MORE
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11.7 million Americans finally get their unemployment tax refunds after three months, totaling $14.4 billion

11.7 Americans were eligible for a tax break that made it so the first $10,200 of unemployment collected was untaxed. Those that filed before the law was passed March 11 are being refunded if they overpaid on their taxes. The tax break ... MORE
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Are you still waiting for the unemployment tax break worth $10,200? Here’s how to check for a refund

Many people collecting unemployment before the passing of the American Rescue Act are now waiting for a refund. The act made the first $10,200 of unemployment benefits no longer taxable income, but many had already filed their taxes before the law changed ... MORE
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413,000 families will be getting unemployment tax refunds worth $1,189, are you eligible?

Did you lose your job during the pandemic? If yes, the IRS may owe you money, so keep an eye on your bank account. The IRS is working to send refunds to those that paid taxes on unemployment. They have issued over ... MORE
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Are you still waiting for the $10,200 unemployment tax refund? Here’s how to check the status

A lot of people filed their taxes before the American Rescue Plan went into law. If that’s the case, those people may be entitled to a refund for their taxed unemployment income. The law included a $10,200 tax exemption for unemployment benefits ... MORE
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Overpay on unemployment tax? Here’s what the IRS is doing to get you a check

Due to the pandemic, a portion of unemployment benefits in 2020 were made to be untaxed. Normally, unemployment is taxable income. So if you paid taxes on them, you may be due some money. Do I get a refund for taxes on ... MORE