With Tax Day hovering around, the IRS has asked some of the early filers- who previously received some form of stimulus check payment the previous year to consider filing for an amended tax return now.
This announcement from the IRS also involves some of the millions of people in the 21 states where the state government had distributed some form of special payments the previous year. The IRS also went on to determine the previous year that there were many such state payments that weren’t taxable, but people had already filed their tax returns before the IRS could make that decision. As a result of that, some of the early filers could have reported the payments as some form of taxable income- and worthy of a refund.
Stimulus Check Payments Recipients Should File Tax Return
In short, the IRS had asked taxpayers in 21 states to stop filing their tax returns until they had come to a conclusion about the taxability of the stimulus check payments. The 21 states had already issued billions of dollars in such special payments of various amounts- under extremely varied circumstances to millions of state residents. During this time, a media house went on to report the IRS announcement made on the 10th of February- in which the agency had decreed that it would not be challenging the taxability of the state payments that had been made during 2022.
The states on which this special ruling would be enforced for issuing stimulus check payments are Colorado, California, Delaware, Connecticut, Florida, Idaho, Hawaii, Indiana, Illinois, New Jersey, Maine, New Mexico, Oregon, New York, Pennsylvania, and Rhode Island.
