Millions of taxpayers penalized by the IRS during the coronavirus pandemic for late payments or filings may qualify for refunds or penalty terminations.
WASHINGTON — Tens of millions of taxpayers who were penalized by the IRS during the coronavirus pandemic for failing to pay their taxes or filing late may qualify for a refund or termination of the penalties they incurred during that period.
However, the relief is not automatic or guaranteed, and most taxpayers need to file a claim for a refund or abatement of their tax liability by July 10 to get their money back.
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