With Tax Day (when federal income taxes are due for most people) just around the corner, the IRS is saying that some so-called “early filers,” who received a special state payment last year, may want to consider filing an amended tax return now. The announcement from the IRS involves some of the millions of people in 21 states, where special payments (sometimes called inflation relief checks, tax rebates, or “stimulus” checks) were made last year.
The IRS determined earlier this year that many of those state payments are not taxable, but many people filed their tax returns before the IRS made that decision. As a result, some of those early filers might have reported the payments as taxable income and could be due a refund.
