Millions may qualify for ‘significant’ IRS refunds from COVID-era, but deadline looms: Advocate
Summary
Recent court rulings suggest that tens of millions of taxpayers might be owed large refunds related to COVID-19. The Taxpayer Advocate Service warns that a deadline to claim this money is approaching.Key Facts
- Court decisions have impacted how some COVID-era tax issues are handled.
- Tens of millions of taxpayers may qualify for significant tax refunds.
- The refunds are related to tax rules or relief from the COVID-19 period.
- The Taxpayer Advocate Service is a government organization that helps taxpayers.
- This service is alerting people about the opportunity and the upcoming deadline.
- Missing the deadline could mean losing the chance to get a refund.
- Taxpayers should check if they qualify and file claims soon.
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