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IRS tells 21 states how to handle last year s special payments

Taxpayers in 21 states faced confusion on how to handle money they received in special state refunds or payments in 2022. The IRS finally has answers.

New yorkUnited statesRhode islandNew mexicoNew jerseySouth carolinaJackson hewittRevenue serviceEnergy relief paymentAlaska permanent fund dividendNational taxpayerPermanent fund dividendInternal revenue serviceNational taxpayer advocateChild tax creditSocial security

IRS: Most 2022 State Stimulus Payments Are Not Taxable

Twenty-one states sent “stimulus,” inflation relief, or rebate payments in 2022, which raised questions about whether the special state payments would be taxed as income.

New yorkUnited statesRhode islandNew mexicoNew jerseySouth carolinaAlaska permanent fund dividendState inflation reliefPermanent fund dividendTax rebates

IRS tells 21 states how to handle last year s special payments

Taxpayers in 21 states faced confusion on how to handle money they received in special state refunds or payments in 2022. The IRS finally has answers.

New yorkUnited statesRhode islandNew mexicoNew jerseySouth carolinaJackson hewittRevenue serviceEnergy relief paymentAlaska permanent fund dividendNational taxpayerPermanent fund dividendInternal revenue serviceNational taxpayer advocateChild tax creditSocial security

IRS Finally Issues Guidance On State Stimulus Checks

Last week, the IRS finally issued guidance on state stimulus checks, confirming that most relief checks are not subject to federal taxes.

New yorkUnited statesRhode islandNew mexicoNew jerseySouth carolinaRay dalioAlaska permanent fund dividendIssues guidance on state stimulus checksState stimulus checksWhat did theFull ray dalio seriesExcess cash flow value fundsPermanent fund

IRS tells 21 states how to handle last year s special payments

IRS tells 21 states how to handle last year s special payments
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New yorkUnited statesRhode islandNew mexicoNew jerseySouth carolinaJackson hewittRevenue serviceEnergy relief paymentAlaska permanent fund dividendNational taxpayerPermanent fund dividendInternal revenue serviceNational taxpayer advocateChild tax creditSocial security

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