New Round Of Windfall Tax Refunds On The Way For 1.5M Americans: Who Will Get One?
Tax refunds related to unemployment benefits are coming this week. Photo: Getty
KEY POINTS
Paper check refunds will be issued July 30; direct deposits rolling out Wednesday
Refunds under a provision in President Biden's $1.9 trillion American Rescue Plan
The IRS said around 13 million taxpayers may be eligible for the payments
About 1.5 million taxpayers who are struggling from the economic devastation caused by the pandemic are in for a windfall this week as the IRS has started sending them surprise tax refunds.
Those who are getting these checks are Americans whose tax bills were reduced after they'd already paid them, under a provision in President Joe Biden's $1.9 trillion American Rescue Plan passed in March. The average refund is $1,686, the IRS said in a statement Wednesday.