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The IRS is moving to issue refunds for Americans who paid taxes on $10,200 in unemployment benefits last year

Charles Rettig

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The IRS chief said during a congressional hearing on Thursday that the agency is taking steps to issue refunds for people who paid taxes on the 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 is referring to a part of President Joe Biden’s stimulus details ⇒

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