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IRS announces special payments going this month to 1 million …
IR-2024-314, Dec. 20, 2024 — As part of continuing efforts to help taxpayers, the Internal Revenue Service today announced plans to issue automatic payments later this month to eligible people who did not claim the Recovery Rebate Credit on their 2021 tax returns.
Tax updates and news from the IRS | Internal Revenue Service
Get critical updates that may affect your tax filing and recent IRS news. On this page. Latest updates; Clean vehicle and energy credits; 2023 tax filing. Other updates; Latest updates. Resolving incorrect claims for the Employee Retention Credit – The IRS continues to urge employers to review their ERC claims. There is limited time to ...
IRS will send $1,400 to 1 million taxpayers. All you need to know - AP News
Dec 22, 2024 · Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people’s bank accounts or sent in the mail by a paper check.
IRS sending payments of up to $1,400 to 1 million people ... - CBS News
Dec 23, 2024 · The IRS said it's sending the payments automatically to about 1 million people who filed tax returns and who qualified for the recovery rebate credit yet didn't claim it.
IRS sending stimulus checks: What is it for, who qualifies for …
20 hours ago · Payments will be sent to the bank account listed on the taxpayer’s 2023 tax return or to the address of record. The exact amount of the payment will vary but maximum is $1,400 per individual.
A million taxpayers will get up to $1,400 from the IRS : NPR
Dec 23, 2024 · The IRS said it's distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns.
Tax season is about to start. The IRS is still grappling ... - CBS News
5 days ago · Unfortunately, she said in her most recent return, the IRS continues to receive more than 10 million income tax returns on paper each year — while it also gets another 75 million paper forms ...
The IRS just lost billions. Here's what that means for your taxes
Dec 31, 2024 · The IRS has lost $20 billion in funding as part of Congress' bid to stop the government shutdown, crippling its ability to go after high-earning tax dodgers. The organization was meant to receive ...
News releases for current month | Internal Revenue Service
IRS announces Jan. 27 start to 2025 tax filing season; agency continues historic improvements to expand, enhance tools and filing options to help taxpayers