IRS sending out another 1.5 million tax refunds to people who overpaid on unemployment benefits

  • by:
  • Source: CBS News
  • 07/30/2021
The government is issuing another batch of refunds this week to taxpayers who received jobless aid last year and overpaid on taxes, the Internal Revenue Service announced. 

The agency said it is issuing 1.5 million tax refunds to Americans this week, with the typical refund around $1,600. The IRS said direct-deposit payments went out starting July 28 and paper checks started hitting mailboxes July 30.

This is the fourth round of refunds related to unemployment aid that the IRS has issued since Congress changed the tax law this spring to allow formerly unemployed people to keep more of their benefits. The IRS sent out three previous rounds of payments in May, June and earlier this month.

Normally, unemployment benefits are subject to federal income tax. However, the American Rescue Plan, passed in March, decreed that up to $10,200 in jobless benefits would not be taxable. The change, passed after millions of jobless aid recipients already filed tax returns, meant that many were due refunds.
 

Help FAIRtax Become The Number One Issue in 2025

Enacting the FAIRtax must be a prominent topic in these times. We did it before, we can do it again, but we need your help!

Help out with a One-Time Contribution

Your gift of $25, $50, $100 – even $1,000 or more if you can possibly spare it – will help FAIRtax.org bring an end to the IRS and promote a FAIRtax. So, I urge you, please give as generously as you can.

Billing information (REQUIRED)

Payment information (REQUIRED)

To donate by check:
Americans for Fair Taxation
PO Box 4929
Clearwater, FL 33758

If you need to make changes for any reason to your existing Monthly Donation or if you have a question about any charge, Please email info@FAIRtax.org or call ‭(800) 324-7829‬
Provide ONLY your name and phone number, do not provide any card info.

Please Note that inputting your new information at our website won't update your account.

Thank you for your support!


Americans for Fair Taxation® is a 501(c)(4) non-profit, non-partisan grassroots organization solely dedicated to replacing the current income tax system with a fair, simple and transparent national consumption tax – the FAIRtax® Plan. We rely entirely on contributions from concerned citizens like you who want a tax system that will generate jobs and stimulate the economy. Welcome to the FAIRtax team!

Connect

Share