Extended Tax Deadline

The IRS is aiming to issue refunds to people who already paid taxes on some unemployment insurance. It thinks it can "automatically issue refunds associated with the $10,200," the IRS chief said.

The IRS recently extended the tax-filing deadline from April 15 to May 17 for people.
The IRS chief said during a congressional hearing on Thursday that the agency was taking steps to issue refunds for people who paid taxes on their first $10,200 in jobless aid.
IRS Commissioner Charles Rettig urged taxpayers to refrain from filing an amended return. Instead, the organization is aiming to distribute refunds soon.

"We believe we will be able to automatically issue refunds associated with the $10,200," Rettig told the House Ways and Means Committee. He added he expected a formal announcement "in the near future."

The commissioner was referring to a part of President Joe Biden's stimulus law that provides tax relief for unemployed workers. The first $10,200 in jobless aid is tax-free for Americans earning below $150,000, but some people may have filed taxes without claiming - or even knowing about - this exemption.
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