The IRS began sending the first of the tax breaks refund to those who qualify last week. The agency said it will continue to repay the money throughout the summerand reviews taxes paid on unemployment benefits. The March incentive law also extends the weekly , authorizes one (and ) and to as much as .
Last year, 23 million Americans filed for unemployment, according to the Bureau of Labor Statistics. belowThis included layoffs, handy workers, contractors, and the self-employed who would not normally qualify for unemployment insurance. We will explain the unemployment tax refund and the details we are still waiting to learn. This is when you can expect to receive and when payments begin in July. This story was recently updated with new information.
IRS Tax Refund for Unemployment: 6 Important Things to Know Now
With unemployment refunds going up to $ 10,200 to taxpayers who paid taxes when they filed, here’s what to expect.
Information about unemployment tax refunds that we are still waiting for
There is one more thing we don’t know about refunds. We contacted the IRS for clarification:
- How to contact the IRS if there is an issue with your tax break refund. (Here’s what we know about contacting the IRS .)
“This new clarification from the IRS is good news for the millions of taxpayers affected, but it can still be confusing,” said Mark Steber, Jackson Hewitt’s chief tax officer. Steber suggested contacting a tax expert after receiving your automatic refund to make sure the IRS sent the correct amount.
For more details, all about it hereand .