More of those surprise tax refunds go out this week, the IRS says ...

Dec 26, 2021 · The tax agency said last week there will be another wave of these surprise refunds before 2021 ends. It has been nearly two months since the last batch: More than …

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The IRS Is Paying Out A New Batch Of Surprise Tax Refunds — Who's ...

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Nov 4, 2021 · Some 430,000 refunds totaling more than $510 million have been paid out in the latest batch, the IRS said in a news release this week. The amount per taxpayer this time has …

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IRS Unemployment Tax Refunds: 4 Million More Going Out This …

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Jul 14, 2021 · The IRS said Tuesday the third round of refunds going out this week will be sent to nearly 4 million taxpayers, with an average refund of $1,265, which means some will receive …

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Time Running Out To Claim $1 Billion In Refunds For Tax Year 2020 ...

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Mar 25, 2024 · By missing out on filing a tax return, people stand to lose more than just their refund of taxes withheld or paid during 2020. Many low- and moderate-income workers may …

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The IRS Just Paid Out 2.8 Million Surprise Tax Refunds - MoneyWise

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Jun 8, 2021 · Some 40 million Americans received unemployment payments in 2020, according to the Century Foundation. The average beneficiary got $14,000 — and $10,200 of that is now …

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IRS Surprise Money Issued As People Find Tax Refund Deposits

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Aug 19, 2021 · In late July, the IRS said it has already issued more than 8.7 million refunds connected to the unemployment compensation adjustments, totaling over $10 billion. The IRS …

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New Round Of 1.5 Million Surprise Tax Refunds Is On The Way — Will …

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Jul 28, 2021 · The average individual beneficiary got $14,000 — and $10,200 has become tax-free, leaving only $3,800 that's taxable. Some 1.5 million refunds are being paid out in the …

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Your Tax Refund Could Be Bigger This Year – Here's Why

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Feb 8, 2024 · But refunds are expected to be noticeably bigger in 2024, with some people receiving up to 10% more than they did last year, according to Mark Steber, chief tax …

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What The IRS’ Tax Bracket Changes Mean For Your Refund

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Jan 29, 2024 · For next year’s tax filing season, the IRS has adjusted tax brackets by about 5.4%, slightly less than the 2023 adjustment. They have also increased the standard deduction rate, …

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FAQs about More of those surprise tax refunds go out this week, the IRS says ... Coupon?

Will the IRS send out another wave of surprise tax refunds?

The IRS will send out another cluster of surprise tax refunds, courtesy of the pandemic relief bill President Joe Biden signed earlier this year. A previous wave went out at the beginning of June. ...

Will more taxpayers receive a surprise tax refund?

An official at the IRS estimates that hundreds of thousands more taxpayers might still receive surprise tax refunds. Throughout May, June, and July, the government sent millions of refunds — totaling over $10 billion — to Americans who hadn't expected the windfalls. ...

How many Americans are getting a surprise tax refund this week?

Some 1.5 million Americans still reeling financially from the COVID crisis are being sent surprise tax refunds this week, the IRS says. ...

When do tax refunds come out?

The IRS says the first round of refunds are being issued through the end of January 2024. If the automatic relief results in a refund or credit, taxpayers will be able to see the amount by viewing their tax transcripts via the IRS web site. The relief covers penalties for late payment of taxes owed for tax years 2020 and 2021. ...

Why does my tax refund take so long?

While the IRS issues most refunds in less than 21 days, it's possible a refund may take longer for a variety of reasons, including when a return is incomplete or needs further review. Delays can be caused by simple errors like an incomplete return, transposed numbers or when a tax return is affected by identity theft or fraud. ...

How many unanticipated tax refunds are there?

In the most recent batch of unanticipated refunds, announced on Nov. 1, taxpayers got around 430,000 payments worth more than $510 million. At that time, the tax agency said more surprise payments were on the way — and now, a Dec. 20 update on the IRS website says something similar. ...