Taxpayers who already filed returns will automatically get stimulus break on unemployment benefits, IRS says
CNN
Americans who lost their jobs last year and have already filed their tax returns will have one less headache to deal with.
The Internal Revenue Service will automatically recalculate their returns to account for the new stimulus tax break on the first $10,200 of unemployment compensation received in 2020, the agency said Wednesday. It will then send any refund directly to taxpayers, likely starting in May and continuing into the summer. The provision, which applies to filers with modified adjusted gross incomes of up to $150,000, is part of the Democrats' $1.9 trillion stimulus package that President Joe Biden signed on March 11. But that was after millions of people had already filed their 2020 returns.More Related News
The judge who oversaw Donald Trump’s criminal hush money trial in New York on Friday informed the former president’s defense team and prosecutors with the Manhattan district attorney’s office that a comment was posted on the New York State Unified Court Systems’ public Facebook page last week by a poster who claimed to be a cousin of a juror, saying that Trump would be convicted.