WHEN!? TAX-FREE $10,200 AUTO-REFUNDS [MUST WATCH] 2021 TAX UPDATE! UNEMPLOYMENT UPDATE! 04/01/2021

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WHEN!? TAX-FREE $10,200 AUTO-REFUNDS [MUST WATCH] 2021 TAX UPDATE! UNEMPLOYMENT UPDATE! 04/01/2021
#unemploymentupdate #taxes #tax

You've got some extra time to file your taxes this year since Tax Day is now May 17. But if you've already filed, you're probably checking your bank account regularly in anticipation that your refund has arrived. The IRS sending third stimulus checks at the same time is causing complications and delays, which could impact when your refund arrives -- and even your $1,400 check.
https://www.cnet.com/personal-finance/taxes/when-will-the-irs-send-my-2020-tax-refund-potential-dates-and-2-ways-to-track-it/

The IRS will start issuing tax refunds in May to Americans who filed their returns without claiming a new break on unemployment benefits, the federal agency said Wednesday.
The American Rescue Plan waived federal tax on up to $10,200 of unemployment benefits, per person, received in 2020. Households with $150,000 or more in income are not eligible for the tax cut.
https://www.cnbc.com/2021/03/31/10200-unemployment-tax-break-irs-refunds-will-start-in-may-.html

Lawmakers were desperate to get the $1.9 trillion proposal passed before 14 March, the date when the additional unemployment benefits provided by December’s emergency relief bill were due to expire.
But it seems that, despite meeting the deadline, administrative issues related to the continuation of the program have left millions without the additional unemployment benefits that they should have had. But what has happened, and who are affected?
https://en.as.com/en/2021/03/28/latest_news/1616892140_309040.html

As updates come out, I will be sure to share.
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