IRS sending out another 1.5 million tax refunds to people who overpaid on unemployment benefits
CBSN
The government is issuing another batch of refunds to taxpayers who received jobless aid last year and overpaid on taxes, the Internal Revenue Service announced Wednesday.
The agency will issue 1.5 million tax refunds to Americans this week, with the typical refund around $1,600, the IRS said. Direct-deposit payments will go out starting July 28, while paper checks will be mailed out starting Friday, July 30, according to the agency. This is the fourth round of refunds related to unemployment aid that the IRS has issued since Congress changed the tax law this spring to allow formerly unemployed people to keep more of their benefits. The IRS sent out three previous rounds of payments in May, June and earlier this month.More Related News
