IRS reminds holders of foreign bank and financial accounts of April FBAR deadline IR-2022-73, March 31, 2022 — The Internal Revenue Service today reminded U.S. citizens, resident aliens and any domestic legal entity that the deadline to file their annual Report of Foreign Bank and Financial Accounts (FBAR) is April 15. Letters about third-round of Economic Impact Payments issued; important steps to take for missing payments and corrections IR-2022-72, March 30, 2022 — With the completion of special mailings of all Letters 6475 to recipients of the third-round of Economic Impact Payments, the Internal Revenue Service reminds people to accurately claim any remaining third-round stimulus payment on their 2021 income tax return as the 2021 Recovery Rebate Credit. Get an automatic six more months to file; all taxpayers can use IRS Free File to request an extension IR-2022-71, March 29, 2022 — The IRS reminds taxpayers that if they’re unable to file their tax return by this year’s April 18 deadline, there’s an easy, online option to get more time to complete their return. For the first time, maximum educator expense deduction rises to $300 in 2022; limit $250 for those filing 2021 tax returns IR-2022-70, March 29, 2022 — The IRS today reminded teachers and other educators planning ahead for 2022 that they’ll be able to deduct up to $300 of out-of-pocket classroom expenses when they file their federal income tax return next year. IRS reminder to many retirees: April 1 is last day to start taking money out of IRAs and 401(k)s IR-2022-69, March 25, 2022 — The IRS today reminded retirees who turned 72 during the last half of 2021 that, in most cases, Friday, April 1, 2022, is the last day to begin receiving payments from Individual Retirement Arrangements (IRAs), 401(k)s and similar workplace retirement plans. IRS finalizes frequently asked questions for payment by Indian tribal governments and Alaska native corporations to individuals IR-2022-68, March 25, 2022 — The Internal Revenue Service today issued final frequently asked questions (FAQs) for Payments by Indian Tribal Governments and Alaska Native Corporations to Individuals under COVID-Relief Legislation (FS-2022-23). IRS provides revised frequently asked questions on Third-round Economic Impact Payment IR-2022-67, March 25, 2022 — The Internal Revenue Service today updated its frequently asked questions (FAQs) on the third-round Economic Impact Payment (FS-2022-22). IRS has $1.5 billion in refunds for people who have not filed a 2018 federal income tax return; April deadline approaches IR-2022-66, March 25, 2022 — Unclaimed income tax refunds totaling almost $1.5 billion may be waiting for an estimated 1.5 million taxpayers who did not file a 2018 Form 1040 federal income tax return, but people must act before the April tax deadline, according to the Internal Revenue Service. Reasons why some tax refunds filed electronically take longer than 21 days IR-2022-65, March 23, 2022 — Even though the Internal Revenue Service issues most refunds in less than 21 days for taxpayers who filed electronically and chose direct deposit, some refunds may take longer. IRS revises frequently asked questions on 2020 unemployment compensation exclusion IR-2022-64, March 23, 2022 — The Internal Revenue Service today revised its frequently asked questions (FAQs) on 2020 unemployment compensation exclusion. Tax Time Guide: Electronic tax payment and agreement options available to taxpayers who owe IR-2022-63, March 22, 2022 ― The IRS today reminded taxpayers who have a tax bill that there are several ways to make payments, and there are options for many people who can't pay their tax bill in full by April tax deadline. Easy steps to avoid tax return errors that can delay processing or adjust refunds IR-2022-62, March 22, 2022 — The Internal Revenue Service today reminded taxpayers how to avoid common errors on their tax returns. This filing season, the IRS is seeing signs of a number of common errors, including some taxpayers claiming incorrect amounts of the Recovery Rebate Credit and Child Tax Credit. IRS reminds taxpayers they must check a box on Form 1040, 1040-SR or 1040-NR on virtual currency transactions for 2021 IR-2022-61, March 18, 2022 — The IRS reminds taxpayers that there is a virtual currency question at the top of Form 1040, Form 1040-SR and Form 1040-NR. It asks: “At any time during 2021, did you receive, sell, exchange, or otherwise dispose of any financial interest in any virtual currency?” Tax Time Guide: Minimize cyber footprints, protect personal information online IR-2022-60, March 16, 2022 — The IRS today urged people to stay resolute against ongoing scams and schemes by properly securing computers, tablets and phones. IRS Information Technology looking for over 200 technologists to focus on modernization; job openings posted with more to come IR-2022-59, March 16, 2022 — As part of a larger hiring effort underway, the Internal Revenue Service announced today plans to hire more than 200 additional technologists to help the agency further modernize its technology. IRS provides more forms, letters and publications in multilingual and alternative formats: Spanish Braille now available IR-2022-58, March 15, 2022 — In an effort to provide American taxpayers with the service they deserve, the Internal Revenue Service announced today the latest expansion of its multilingual products, Braille, text, audio and large print products are now available in Spanish. IRS looking to hire Collection Contact Representatives in Mississippi; job openings posted in special Delta initiative IR-2022-57, March 11, 2022 — As part of a Servicewide effort to help under-served communities, the Internal Revenue Service announced today that it is looking for applicants to staff a new call site in Mississippi starting this spring. IRS unveils voice and chat bots to assist taxpayers with simple collection questions and tasks; provides faster service, reduced wait times IR-2022-56, March 10, 2022 — The Internal Revenue Service today announced it has begun using voice and chat bots on two of its specialized toll-free telephone assistance lines and IRS.gov, enabling taxpayers with simple payment or collection notice questions to get what they need quickly and avoid waiting. IRS hiring more than 5,000 positions in Austin, Kansas City, Ogden IR-2022-55, March 10, 2022 — To help serve taxpayers during this challenging tax season, the Internal Revenue Service announced today that it is hiring more than 5,000 positions in its service processing centers located in Austin, Texas; Kansas City, Missouri; and Ogden, Utah. IRS highlights importance of Child and Dependent Care Credit; can help families, others IR-2022-54, March 8, 2022 — The Internal Revenue Service issued a filing season reminder today that those taxpayers who pay expenses for the care of a qualifying person while working or looking for work may qualify for an important tax credit. IRS revised 2021 Child Tax Credit and Advance Child Tax Credit Payments frequently asked questions IR-2022-53, March 8, 2022 — The Internal Revenue Service today updated its frequently asked questions (FAQs) (FS-2022-17) on the 2021 Child Tax Credit and Advance Child Tax Credit Payments. Tax Time Guide: Saving for retirement? IRA contributions for 2021 can be made until April 18 IR-2022-52, March 8, 2022 — The Internal Revenue Service reminds taxpayers they may be able to claim a deduction on their 2021 tax return for contributions to their Individual Retirement Arrangement (IRA) made through April 18, 2022. Face-to-face IRS help available in more than 30 cities on Saturday, March 12 IR-2022-51, March 4, 2022 — The Internal Revenue Service today announced that many Taxpayer Assistance Centers (TACs) will offer face-to-face Saturday help without an appointment from 9 a.m. to 4 p.m. on Saturday, March 12. Normally TACs are only open weekdays. Taxpayer Experience Office formally established to improve service across the IRS IR-2022-50, March 4, 2022 — As part of a longer-term effort to improve taxpayer service, the IRS has officially established the first-ever Taxpayer Experience Office and will soon begin taking additional steps to expand the effort. IRS update regarding recent electronic filing challenges in connection with Form 7203, S Corporation Shareholder Stock and Debt Basis Limitations IR-2022-49, March 3, 2022 — The IRS is aware of a third-party software issue affecting qualifying farmers and fishermen attempting to electronically file Forms 7203. IRS updates frequently asked questions on Tax Credits for Paid Leave Under the Families First Coronavirus Response Act for Leave Prior to April 1, 2021 IR-2022-48, March 3, 2022 — The Internal Revenue Service today updated its frequently asked questions (FAQs) on Tax Credits for Paid Leave Under the Families First Coronavirus Response Act for Leave Prior to April 1, 2021. IRS issues FAQs for tax year 2021 Earned Income Tax Credit IR-2022-46, March 2, 2022 — The Internal Revenue Service today issued frequently asked questions (FAQs) for the 2021 Earned Income Tax Credit to educate eligible taxpayers on how to properly claim the credit when they prepare and file their 2021 tax return. Tax Time Guide: IRS reminds taxpayers to report gig economy income, virtual currency transactions, foreign source income and assets IR-2022-45, March 1, 2022 — The IRS reminds taxpayers of their reporting and potential tax obligations from working in the gig economy, making virtual currency transactions, earning foreign-source income or holding certain foreign assets. News release and fact sheet archive Find previous year news releases and fact sheets from 1997 through last month.
