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How to tell if you may qualify for ‘significant’ IRS refunds from COVID-era
Recent court rulings and new IRS guidance could let tens of millions of taxpayers seek refunds or penalty abatements, TAS says.
- National Taxpayer Advocate Erin M. Collins warned last week that tens of millions of Americans may qualify for IRS refunds related to COVID-era tax penalties, with a critical filing deadline of July 10, 2026.
- The ruling in Kwong v. United States determined that tax deadlines should be postponed for the COVID federal disaster period spanning January 20, 2020, through May 11, 2023, plus 60 days, creating the refund opportunity.
- Collins recommends reviewing IRS tax account transcripts to identify penalties or interest assessments; taxpayers must complete Form 843 to file claims, though this paper document cannot be submitted online.
- While the Department of Justice will likely appeal the ruling, TAS says taxpayers may want to consider a protective claim to preserve their right to a refund while the law remains uncertain.
- Tens of millions of individuals, small businesses, and corporations were assessed penalties or interest during the COVID era, though the process of securing these significant benefits remains complex and evolving.
Insights by Ground AI
45 Articles
45 Articles
IRS may owe taxpayers a refund for coronavirus-era fines. Here’s how to apply.
Tens of millions of taxpayers who were penalized by the IRS during the coronavirus pandemic for failing to pay their taxes or filing late may qualify for a refund or termination of the penalties they incurred.
·Chicago, United States
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The Toronto Star+2 Reposted by 2 other sources
IRS may owe you a refund for coronavirus-era fines. Here’s how to apply
WASHINGTON (AP) — Tens of millions of taxpayers who were penalized by the IRS during the coronavirus pandemic for failing to pay their taxes or filing late may qualify for
·Toronto, Canada
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Associated Press News+3 Reposted by 3 other sources
IRS may owe you a refund for coronavirus-era fines. Here's how to apply
Millions of taxpayers penalized by the IRS during the coronavirus pandemic for late payments or filings may qualify for refunds or penalty terminations.
·United States
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Coverage Details
Total News Sources45
Leaning Left5Leaning Right4Center34Last UpdatedBias Distribution79% Center
Bias Distribution
- 79% of the sources are Center
79% Center
12%
C 79%
Factuality
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