Your money matters, and millions may be owed a refund from the IRS during the pandemic.
Any individual or business charged penalties, like late fees or interest, between January of 2020 and July of 2023 may be eligible to ask for a refund due to an ongoing lawsuit against the government.
“Because it was a disaster for those three years, technically, the courts have said the taxes were not due at all during those times,” Jon Gustafson with Venn Tax and Bookkeeping in Blaine said.
If you think you may qualify for a refund, you have until July 10 to file a claim with the IRS.
“843 is the form you will file to request that back,” Gustafson said. “The deadline on this is July 10 of this year, so after July 10, you’re too late. You can’t request those funds. Even though you might not get it, because the IRS might win the court case. You might as well try now.”
