HEADLINES & GLOBAL NEWS
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Apr 14, 2021 09:53 PM EDT
The Internal Revenue Service announced recently that they will start to refund qualified Americans for a new tax break on their 2020 unemployment benefits.
(Photo : Pexels/Alexander Mils)
IRS To Issue Tax Refund
The IRS said that Americans who qualify for a new tax break on their 2020 unemployment benefits will automatically receive an automatic refund in May, according to a recently published article in Fox News.
The American Rescue Plan worth $1.9 trillion that Pres. Joe Biden signed into law last March waives federal income taxes up to $10,200. This also includes those who earn $150,000 a year for individuals.
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