IRS Issues Surprise Tax Refund on Some Penalties - AARP

IRS Issues Surprise Tax Refund On Some Penalties - AARP

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Published December 27, 2023. / Updated January 05, 2024. Getty Images. Approximately 4.7 million taxpayers are in line for an unexpected break from the Internal Revenue Service (IRS): Relief from some tax penalties incurred for the 2020 and 2021 tax years. The $1 billion in …

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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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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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2024 Tax Refunds Could Be Larger Than Last Year Due To New ... - CBS …

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Jan 29, 2024  · Last year, the average tax refund was $3,167, or almost 3% less than the prior year, according to IRS statistics. By comparison, the typical refund check jumped 15.5% to …

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Americans May Get A Tax Refund Shock This Year - CBS News

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Feb 15, 2023  · The average tax refund in 2022 (for the 2021 tax year) was almost $3,200, a 14% jump from the prior year, according to IRS data. The IRS on Thursday said it will start …

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430,000 People To Receive 'surprise' Tax Refund From IRS - KTLA

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Nov 1, 2021  · The estimated value of the new round of refunds totals over $510 million. ... the agency has sent out 11.7 million tax refunds valuing about $14.4 billion to recipients of the …

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More Of Those Surprise Tax Refunds Go Out This Week, The IRS Says ...

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Dec 26, 2021  · More refunds are on the way. In the most recent batch of unanticipated refunds, announced on Nov. 1, taxpayers got around 430,000 payments worth more than $510 million. …

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Americans Could Be In For A Tax Refund Shock Next Year - CBS19

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Dec 10, 2022  · The typical tax refund next year is likely to be around $2,700, or roughly what taxpayers got in 2021 (for their 2020 taxes), Steber said. Of course, each taxpayer's situation …

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IRS To Send Out Another 1.5 Million 'surprise' Tax Refunds ... - Fox 59

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Jul 29, 2021  · The Internal Revenue Service announced on Wednesday another 1.5 million taxpayers will receive refunds averaging more than $1,600 as part of unemployment …

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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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The IRS Just Paid Out Another 4M Surprise Tax Refunds - Yahoo …

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Jul 17, 2021  · Average surprise refund: $1,265. Some 40 million Americans received unemployment payments in 2020, according to the Century Foundation. The average …

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