IRS Is Automatically Sending Out Refund Payments!

Check your bank accounts! The IRS announced Friday that they will be issuing out refund checks automatically to those who filed for unemployment benefits in 2020 and paid taxes on those payments. Over 10,000 of that income is excluded. More than 10 million citizens will be seeing refunds automatically due to the new law, The American Rescue Plan, which was recently passed. You can still file your taxes and dispute the amount or file more based on your personal taxes. The IRS seems to be trying to get money into people's hands ASAP based on your eligibility and income in 2020. Great news as we try to recover from the last year.