IRS tells millions of Americans in 22 states to hold off on filing their taxes
CBSN
The IRS is asking millions of taxpayers in 22 states including California, Colorado and Florida who received tax rebates last year to hold off on filing their taxes.
The reason: The agency said it is seeking to clarify whether those tax rebates and special refunds are considered taxable income. "We expect to provide additional clarity for as many states and taxpayers as possible next week," the IRS said on February 3. As of February 10, the IRS hadn't yet provided clarification.
About 16 million California residents received "middle-class tax refund" checks of $350 per eligible taxpayer last year, part of a relief package designed by the state to help residents cope with soaring inflation at a time when the state had a budget surplus.
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