Close Menu
    Facebook X (Twitter) Instagram
    TRENDING :
    • 28-Year-Old’s Side Hustle Hit $125K in Year 1: More Than Matcha
    • How to Speak Honestly at Work Without Derailing Your Career
    • Silicon Valley Doesn’t Have a Monopoly on Startup Wisdom
    • The EU Will Block Peace Between Russia & Ukraine
    • Laid-Off Marketer’s Apartment-Made Pizzas Sell Out in 30 Seconds
    • 4 Questions That Separate Real Founders From Performers
    • $14 Billion Company Is Giving 7,000 Employees a Day Off to Game
    • Why Consumers Are Paying to Participate, Not Just to Consume
    Compatriot Chronicle
    • Home
    • US Politics
    • World Politics
    • Economy
    • Business
    • Headline News
    Compatriot Chronicle
    Home»Business»IRS Covid refund 2026: Eligibility, deadline, timeline, and how to find out if the government owes you money
    Business

    IRS Covid refund 2026: Eligibility, deadline, timeline, and how to find out if the government owes you money

    May 4, 20263 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A landmark federal court decision has opened the doors to COVID-era tax refunds for millions of U.S. taxpayers. 

    In Kwong v. United States, the U.S. Court of Federal Claims determined that the COVID-19 pandemic effectively paused federal tax deadlines from January 2020 through July 2023, giving taxpayers more time to file and pay their taxes than the Internal Revenue Service (IRS) had previously recognized. 

    The court ruled that the disaster-relief provision in Internal Revenue Code Section 7508A requires the IRS to pause all penalties and interest throughout the entire disaster period, plus an additional 60 days.

    That means that while the COVID-19 federal disaster period ran from January 20, 2020, through May 11, 2023, returns and payments weren’t late until after July 10, 2023. 

    Last week, Erin Collins, the national taxpayer advocate, wrote that tens of millions of taxpayers could be eligible for COVID-era refunds, given that they were hit with penalties or interest for late filings or payments during this period.

    “This issue is widespread and not limited to a small or specialized group of taxpayers,” she wrote.  

    Collins leads the Office of the Taxpayer Advocate, an independent organization within the IRS that helps taxpayers resolve IRS issues and advocates for taxpayers’ rights.

    In the blog post, Collins explains that the ruling affects individual taxpayers, small businesses, corporations, trusts, and estates.

    She expects the Department of Justice (DOJ) to appeal the court’s decision. However, taxpayers can file a claim for a pandemic-era refund. 

    Fast Company wrote about the court’s decision in March when it first happened.

    Who qualifies for a refund? 

    Taxpayers may be eligible for refunds or abatements of penalties and interest the IRS assessed during the COVID-19 federal disaster period. This includes taxpayers who were:

    • Assessed penalties for failure to timely file returns, failure to pay taxes, or failure to make estimated tax payments;
    • Interest that began occurring earlier than it should have, or not at all;
    • Overpayment interest for the same time period. 

    Here’s how to file a refund claim

    Tax relief is not automatic. Taxpayers must file a claim. 

    Collins writes, “Unless the IRS or Congress acts to ensure all affected taxpayers will receive refunds if the Kwong decision is upheld, taxpayers seeking refunds for penalties and interest they paid relating to that period will, in most cases, need to file claims by July 10, 2026.”

    Here’s how to check whether you qualify for a refund and file a claim: 

    • Review your tax records and transcripts through your Individual Online Account on the IRS website.
    • Analyze your account activity during the 2020 to 2023 timeframe to verify whether any penalties or interest fees were charged.
    • If you’re eligible for a refund, file IRS Form 843.
    • File this form by July 10, 2026.

    Collins encourages taxpayers to send their forms by certified mail so they can easily prove they submitted a claim on time in case their form gets lost or misplaced.

    Millions of Americans filing claims could result in an IRS backlog and lengthy delays.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    28-Year-Old’s Side Hustle Hit $125K in Year 1: More Than Matcha

    November 12, 2026

    How to Speak Honestly at Work Without Derailing Your Career

    November 12, 2026

    Silicon Valley Doesn’t Have a Monopoly on Startup Wisdom

    November 12, 2026
    Top News

    CrowdStrike, Palo Alto Networks surging today as AI doomsday fears jolt cybersecurity stocks

    By Staff WriterSeptember 14, 2026

    Cybersecurity stocks CrowdStrike and Palo Alto Networks surged on Monday amid growing concern about the…

    Frozen meatball recall: Product sold at Aldi could cause serious harm. Check your freezer now

    February 24, 2026

    Hiring bounces back in August with 162,000 jobs added

    September 6, 2026

    Record-breaking March heat wave that’s spreading eastward could be one of the most expansive in U.S. history

    March 24, 2026
    Top Trending

    28-Year-Old’s Side Hustle Hit $125K in Year 1: More Than Matcha

    By Staff WriterNovember 12, 2026

    Key Takeaways Goldwasser leveraged her marketing and consulting experience to build More…

    How to Speak Honestly at Work Without Derailing Your Career

    By Staff WriterNovember 12, 2026

    Key Takeaways There’s such a thing as being too honest in the…

    Silicon Valley Doesn’t Have a Monopoly on Startup Wisdom

    By Staff WriterNovember 12, 2026

    Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Founders in…

    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    About us

    The Populist Bulletin serves as a beacon for the populist movement, which champions the interests of ordinary citizens over the agendas of the powerful and entrenched elitists. Rooted in the belief that the voices of everyday workers, families, and communities are often drowned out by powerful people and institutions, it delivers straightforward, unfiltered, compelling, relatable stories that resonate with the values of the American public.

    The Populist Bulletin was founded with a fervent commitment to inform, inspire, empower and spark meaningful conversations about the economy, business, politics, inequality, government accountability and overreach, globalization, and the preservation of American cultural heritage.

    The site offers a dynamic mix of investigative journalism, opinion editorials, and viral content that amplify populist sentiments and deliver stories that echo the concerns of everyday Americans while boldly challenging mainstream narratives that serve the privileged few.

    Top Picks

    28-Year-Old’s Side Hustle Hit $125K in Year 1: More Than Matcha

    November 12, 2026

    How to Speak Honestly at Work Without Derailing Your Career

    November 12, 2026

    Silicon Valley Doesn’t Have a Monopoly on Startup Wisdom

    November 12, 2026
    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    Copyright © 2025 Populist Bulletin. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.