Millions Owed IRS Refunds: COVID Tax Deadline Shift

0:00What's up Birmingham? This is Birmingham News Today bringing you the city's fastest updates on what is happening now. A recent court ruling could mean millions of Americans are old refunds from the IRS for certain penalties and interest charged during the COVID-19 pandemic. The U.S. Court of Federal claims decided last month that the IRS could not charge underpayment interest or penalties until 60 days after the end of a disaster period like the COVID emergency. That public health emergency lasted from January 20, 2020 to May 11, 2023, pushing the effective tax deadline for 2019 through 2022 filings to July 10, 2023. Taxpayers hit with those charges between January 20, 2020 and July 10, 2023 should check their records as they might qualify for refunds now. The IRS may appeal the decision but claims must be filed by July 10, 2026 using Form 843 so folks have time to act.

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