We’re getting an increased number of constituents who were claimed as dependents in 2019 but filed or will file on their own in 2020. Since the 3rd EIP begins to go out today, there will likely be a lot of taxpayers who do qualify for it, but will not list as qualifying until their 2020 returns are processed. Has the IRS issued guidance on how the 3rd EIP distributions will look for these folks that may not have filed yet or may not have had 2020 returns processed yet? See: I recently filed a 2020 tax return. What do I need to do to get a third payment? (added March 26, 2021)
Third round of Economic Impact Payments: The IRS, the Department of Treasury and the Bureau of the Fiscal Service announced they are disbursing approximately 37 million payments in the second batch of Economic Impact Payments from the American Rescue Plan.
Economic Impact Payments will continue to roll out in batches to millions of Americans in the coming weeks. So far, 127 million payments have been disbursed totaling approximately $325 billion.
The second batch of payments includes direct deposits, as well as paper checks and debit cards that are being mailed.
Additional batches of payments will be sent in the coming weeks.
Combatting COVID-19 fraud: The IRS Criminal Investigation Division (IRS-CI) marks the one-year anniversary of the Coronavirus Aid, Relief and Economic Security (CARES) Act by pledging its continued commitment to investigating COVID-19 fraud.
Where’s My Refund? tool and IRS2Go app: The IRS reminds taxpayers that the most convenient way to check on a tax refund is by using the Where's My Refund? tool at IRS.gov or through the IRS2Go Mobile App.
Tax deductible medical expenses to prevent the spread of COVID-19: The IRS issued an announcement clarifying that the purchase of personal protective equipment such as masks, hand sanitizer and sanitizing wipes, for the purpose of preventing the spread of coronavirus are deductible medical expenses.
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IRS, Treasury disburse another 37 million Economic Impact Payments from the American Rescue Plan English │Spanish
IRS Criminal Investigation (CI) pledges continued commitment to investigating COVID-19 fraud as CARES Act reaches one-year anniversary English │Spanish
Tax Time Guide: Use the Where’s My Refund? Tool or IRS2Go app to check tax refund status English│Spanish
Face masks and other personal protective equipment to prevent the spread of COVID-19 are tax deductible English
Updated details about the third round of Economic Impact Payments English │Spanish
More details about the third round of Economic Impact Payments English │Spanish
IRS is issuing third round of Economic Impact Payments English │Spanish
People who adopt may benefit from this special tax credit English │Spanish
Answers to tax questions are available anytime on IRS.gov English │Spanish
The right to confidentiality is a fundamental right of all taxpayers English │Spanish
Ready to use article:
Your latest Economic Impact Payment may come on a prepaid debit card English │Spanish
A Closer Look:
Read all our postsabout a variety of timely issues of interest to taxpayers and the tax community.
IRS videos on YouTube:
Tax Security 2.0: The Taxes-Security-Together Checklist English
Get A Closer Look at how the #IRS equips businesses with knowledge to help them prevent or resolve tax disputes. #IRSCloserLook https://go.usa.gov/xszUb
The #IRS is committed to minimizing the frequency of disputes with business taxpayers and to efficiently resolve those that happen. Find out more: https://go.usa.gov/xszUb#IRSCloserLook
To improve the taxpayer-IRS relationship, #IRS works to resolve disputes with business taxpayers at the earliest stage – and preferably prevent them. Get A Closer Look: https://go.usa.gov/xszUb#IRSCloserLook
#IRS has clarified that the cost of face masks, hand sanitizer and other personal protective equipment to prevent the spread of COVID-19 may reimbursable under a health FSA. Learn more at https://go.usa.gov/xsuw7
The amounts paid for personal protective equipment is eligible to be paid or reimbursed under health FSAs and other health savings accounts. Check out more details from #IRS at https://go.usa.gov/xsuw7
#IRS: Face masks and other personal protective equipment to prevent the spread of COVID-19 are tax deductible: https://go.usa.gov/xsuw7
#IRS has issued guidance clarifying that the purchase of personal protective equipment, such as masks, hand sanitizer and sanitizing wipes, for preventing the spread of coronavirus are deductible medical expenses. See https://go.usa.gov/xsuw7
If you itemize your medical expense deductions on your #IRS tax return, you can include the cost of face masks, hand sanitizer and other personal protective equipment to prevent the spread of COVID-19. https://go.usa.gov/xsuw7