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    The IRS asks to make amended returns if state stimulus checks were declared

    The Internal Revenue Service (IRS) advised taxpayers who filed a state stimulus check, consider submitting an amended return to recover the money they declared.

    During the first weeks of the 2023 tax season, millions of taxpayers who received state stimulus checks they had questions about whether that relief money should be part of their tax return.

    In the case of California taxpayers, the state tax office even sent out 1099-MISC forms for taxpayers who received an inflation relief check to report that money as income.

    However, after several weeks of uncertainty in which thousands of taxpayers made advance declarations, which included the declaration of state stimulus checks, the IRS detailed that state aid should not be reported as income.

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    On February 10, the IRS released guidelines on state stimulus checks, saying that since these are emergency relief money, they should not be part of federal tax returns.

    The states where stimulus checks were given and do not have to report are: California, Colorado, Connecticut, Delaware, Florida, Hawaii, Idaho, Illinois, Indiana, Maine, New Jersey, New Mexico, New York, Oregon, Pennsylvania, and Rhode Island.

    Alaska was also included, but only in the case of the aid that was called the Energy Relief supplemental payment, according to an IRS publication.

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    If you filed a state stimulus check and you think you can get a refund for the money paid to the IRS, this is how to file an amended return.

    If your original statement was sent electronically, it is by this same means that you can make an amended return.

    The IRS recommends that the direct deposit refund option be specified along with the electronic return, which is the fastest way to get your money back that could result

    However, the amended return can also be requested on paper, through Form 1040-Xfor an Amended US Personal Income Tax return.

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    In this case, the resulting refund will be sent to the taxpayer in a paper checkthrough postal mail.

    You may also like:
    – How America’s Seniors Can Save Money This Tax Season
    – Tax season 2023: what happens if you cannot pay your debt to the IRS
    – Tax season: How to ask the IRS for an extension before April 18

    Source: La Opinion

    Awutar
    Awutar
    This post is posted by Awutar staff members. Awutar is a global multimedia website. Our Email: [email protected]

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