Hawthorne & Co. CPAs

IRS to Automatically Issue Refunds on Tax-Free Unemployment Benefits

IRS to Automatically Issue Refunds on Tax-Free Unemployment Benefits

To help taxpayers who otherwise might have been required to file amended income tax returns, the Internal Revenue Service has announced that, beginning in May and continuing into the summer, it will automatically issue to eligible taxpayers refunds of income tax paid on 2020 unemployment benefits.

If you should have any questions, please contact our office at (206)243-2336 or email us at office@hawthorne-cpa.com

** This information is provided for general educational purposes only. Before taking any action based on this information, we strongly encourage you to consult with a professional accounting advisor about your specific situation.

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