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IRS Sending 'Special' Stimulus Checks to 1 Million Americans
The IRS said it will issue around $2.4 billion in "special payments" to taxpayers who haven't claimed federal stimulus checks.
IRS to send unclaimed 2021 stimulus payments to 1 million taxpayers
Taxpayers who qualify should receive the payment by late January, according to the IRS. The estimated amount of payments going out will be about $2.4 billion. The IRS says taxpayers who haven't filed 2021 tax returns might be eligible as well, but they face an April 15 deadline to file their returns to claim the credit.
IRS sending up to $1,400 to 1 million people who never received their stimulus checks
The IRS has announced a plan to send recovery rebate credits to one million people who never got their economic impact payment. The maximum payment is $1,400 per person. Officials say those who are eligible will receive a letter in the mail and do not need to take any action.
The IRS Is Sending Up to $1,400 to One Million People: Are You Eligible?
Additionally, the IRS will send letters to inform recipients about their payments and how the amounts were calculated. The IRS is also reminding anyone who hasn’t yet filed their 2021 tax return that they might still be eligible for an up to $1,400 credit if they file by April 15, 2025.
30m
on MSN
A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?
Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming ...
Sierra Sun Times
4h
IRS Announces Special Payments Going This Month to 1 Million Taxpayers Who Did Not Claim 2021 Recovery Rebate Credit
IRS Announces Special Payments Going This Month to 1 Million Taxpayers Who Did Not Claim 2021 Recovery Rebate Credit ...
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Business shocked by an IRS employee retention credit letter: “I need to pay this off. The interest is killing me”
The IRS has announced plans to mail up to 30,000 letters to taxpayers to reverse or recapture improperly paid ERC claims.
Hosted on MSN
1h
IRS Sending Special Payments To 1M Americans: Here's What To Know
The Internal Revenue Service (IRS) announced it will issue automatic payments this month to nearly one million taxpayers who ...
8d
on MSN
Trump Tax Cuts May Fail to Drive Much, If Any, Economic Gain
President-elect Donald Trump says renewing tax cuts would turbo-charge investment and boost US economic growth — a pledge ...
JD Supra
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Exxon Mobil Case is an Early Taxpayer Win in the Economic Substance Controversy
Recently, in Exxon Mobil Corp. v. United States (No. 3:22-cv-00515), a District Court in Texas ruled that the taxpayer was entitled to ...
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