etrent17/irs-articles huggingface dataset:
Welcome to the resource center for members of the media — online tools and information straight from the source available in both English, Spanish and more. Here you'll find links to a variety of resources and multimedia files to help you report the latest tax news. We have press kits, news releases and public service advertisements, as well as sound bites, radio spots and more.
Social Media
The IRS has a presence on social media platforms. Follow us for the latest updates on tax changes, scam alerts, initiatives, products and services.
IRS has a smartphone application, IRS2Go, that lets you interact with the IRS using your mobile device. The mobile application includes the following features:
Get your refund status.
Make a payment. 
Find free tax preparation assistance.
Stay connected with the IRS.
For more information, visit our social media page.
Video
We have numerous video Tax Tips available for viewing, along with their texts.

English


Español


Chinese


Vietnamese



American Sign Language (ASL)


Audio
Need an audio spot for your website? We've compiled a host of MP3 files covering a variety of topics and formats.
Audio Files for Podcasts: Hear them now, or download the MP3s to hear them later
Text
In addition to audio and video Tax Tips, we also have them in print.

IRS Tax Tips: Daily Tax Tips are available throughout the filing season.

Marketing Materials and Other Resources
Use these items to get you started or fill in empty spaces. You'll find print public service advertisements (PSAs), posters and more.

EITC for partners
IRS Radio PSAs

e-News Subscriptions
Want to get the latest tax news right in your inbox? We've got a number of email subscription services to choose from. Take a look and sign up for the ones that interest you.






IRS2Go




IRS2GoApp








YouTube



@IRSVideos


@IRSVideosASL 


@IRSmultilingual


Taxpayer Advocate








Twitter



@IRSnews


@IRStaxpros


@IRSenEspanol


@RecruitmentIRS


@YourVoiceAtIRS


@IRStaxsecurity


@IRSsmallbiz


@IRS_CI







LinkedIn



LinkedIn








Instagram



@IRSnews







Facebook



IRS


IRS en Español


IRS Tax Pros


Taxpayer Advocate








e-News




e-News Subscriptions
IRS Guidance in Plain English
This is a starting point for understanding some of the basic guidance issued by the IRS.
Internal Revenue Bulletins
The Internal Revenue Bulletin (IRB) is the authoritative instrument of the IRS for announcing all substantive rulings necessary to promote a uniform application of tax law. Issues after June 2003 are available in both HTML and PDF formats; earlier issues are in PDF only.
After June 2003
After June 1995 - PDF only
Advance Notices
The IRS sometimes releases Rulings, Procedures and other technical items in advance of publishing them in the Internal Revenue Bulletin. The full text of these advance notices is available in PDF format. This list’s filenames are based on the items’ designations — for example, Announcement 2003-40 is “a-03-40,” Notice 2003-30 is “n-03-30,” Revenue Procedure 2003-50 is "rp-03-50” and Revenue Ruling 2003-60 is "rr-03-60."
Tax Regulations
In addition to the regulations that interpret the tax laws, there are links to various technical resources.
Internal Revenue Code
The codified collection of U.S. laws on income, estate and gift, employment and excise taxes, plus administrative and procedural provisions.
IRS Written Determinations
Rulings or determinations issued by the IRS, including Technical Advice Memoranda and Chief Counsel Advice. Sorted by most recent publication number, the listing may also be sorted by Uniform Issue List codes.
FOIA Library
A collection of links to published guidance, rulings, administrative manuals and other items.
IR-2022-21, January 31, 2022
WASHINGTON — These frequently asked questions (FAQs) are released to the public in Fact Sheet 2022-06PDF, January 31, 2022.
The American Rescue Plan Act (ARPA) of 2021 expanded the Child Tax Credit (CTC) for tax year 2021 only. These Child Tax Credit FAQs focus on information helpful to taxpayers preparing their tax year 2021 tax returns.
Recipients of advance Child Tax Credit payments will need to compare the amount of payments received during 2021 with the amount of the Child Tax Credit that can be claimed on their 2021 tax return.
Those that received less than the amount they are eligible for can claim a credit for the remaining amount. Those that received more than they are eligible for may need to repay some or all of the excess amount.
The IRS has sent Letter 6419 in January 2022 to provide the total amount of advance Child Tax Credit payments that were received in 2021. The IRS urges taxpayers receiving these letters to make sure they hold onto them to assist them in preparing their 2021 federal tax returns in 2022.
These FAQs contain the following topics:
Topic A: 2021 Child Tax Credit Basics
Topic B: Eligibility Rules for Claiming the 2021 Child Tax Credit on a 2021 Tax Return
Topic C: Reconciling Advance Child Tax Credit Payments and Claiming the 2021 Child Tax Credit on Your 2021 Tax Return
Topic D: Claiming the 2021 Child Tax Credit If You Don't Normally File a Tax Return
Topic E: Commonly Asked Immigration-Related Questions
More information about reliance is available.
IRS-FAQ
IR-2022-10, January 11, 2022
WASHINGTON — The Internal Revenue Service today updated frequently asked questions (FAQs) for the 2021 Child Tax Credit and Advance Child Tax Credit to help eligible families properly claim the credit when they prepare and file their 2021 tax return.
This extensive FAQ updatePDF includes multiple streamlined questions for use by taxpayers and tax professionals and is being issued as expeditiously as possible.
The updates can be found in:
Topic A: General Information
Topic B: Eligibility for Advance Child Tax Credit Payments and the 2021 Child Tax Credit
Topic C: Calculation of the 2021 Child Tax Credit
Topic D: Calculation of Advance Child Tax Credit Payments
Topic E: Advance Payment Process of the Child Tax Credit
Topic F: Updating Your Child Tax Credit Information During 2021
Topic G: Receiving Advance Child Tax Credit Payments
Topic H: Reconciling Your Advance Child Tax Credit Payments on Your 2021 Tax Return
Topic I: U.S. Territory Residents and Advance Child Tax Credit Payments
Topic J: Unenrolling from Advance Payments
Topic K: Verifying Your Identity to View your Payments
Topic L: Commonly Asked Shared-Custody Questions
Topic M: Commonly Asked Immigration-Related Questions
Topic N: Returning a Payment
Recipients of advance Child Tax Credit payments will need to compare the amount of payments received during 2021 with the amount of the Child Tax Credit that can be claimed on their 2021 tax return.
Those that received less than the amount they are eligible for can claim a credit for the remaining amount. Those that received more than they are eligible for may need to repay some or all of the excess amount.
The IRS will send Letter 6419 in January of 2022 to provide the total amount of advance Child Tax Credit payments that were received in 2021. The IRS urges taxpayers receiving these letters to make sure they hold onto them to assist them in preparing their 2021 federal tax returns in 2022.
More information about reliance is available.
IRS-FAQ
IR-2022-06, January 7, 2022
WASHINGTON — The Internal Revenue Service today updated its frequently asked questions (FAQs) on 2020 Recovery Rebate Credit (FS-2022-02)PDF.
This updated FAQ includes changes to the information for Topic F: Finding the First and Second Economic Impact Payment Amounts to Calculate the 2020 Recovery Rebate Credit:
Question 4, Topic F: updated
Questions 8, 9 & 10, Topic F: added
These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.
More information about reliance is available.
IRS-FAQ
IR-2022-05, January 7, 2022
WASHINGTON — The Internal Revenue Service today updated its frequently asked questions (FAQs) on 2020 Unemployment Compensation Exclusion (FS-2022-01)PDF.
This updated FAQ adds a question:
Question 10, Topic G: Receiving a Refund, Letter, or Notice
These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.
More information about reliance is available.
IRS-FAQ
IR-2022-2, January 3, 2022
WASHINGTON — As part of ongoing efforts to improve service for the tax-exempt community, the IRS has revised Form 1024, Application for Recognition of Exemption Under Section 501(a) or Section 521 of the Internal Revenue Code, to allow electronic filing.
Beginning January 3, 2022, applications for recognition of exemption on Form 1024 must be submitted electronically online at Pay.gov. The IRS will provide a 90-day grace period during which it will continue to accept paper versions of Form 1024 (Rev. 01-2018) and letter applications.
"Electronic filing makes it easier to complete an application for tax-exempt status while reducing errors," said Sunita Lough, Commissioner of the IRS Tax Exempt and Government Entities division. "Electronic filing also shortens IRS processing time so applicants won't wait as long for a response."
Organizations requesting determinations under Section 521 are now also able to use the electronic Form 1024 instead of Form 1028, Application for Recognition of Exemption Under Section 521 of the Internal Revenue Code.
The required user fee for Form 1024 will remain $600 for 2022. Applicants must pay the fee through Pay.gov when submitting the form. Payment can be made directly from a bank account or by credit or debit card.
Organizations are encouraged to subscribe to Exempt Organizations Update, a free IRS e-Newsletter, for form updates and other exempt organization news.
As part of the revision, applications for recognition of exemption under Sections 501(c)(11), (14), (16), (18), (21), (22), (23), (26), (27), (28), (29) and 501(d) can no longer be submitted as letter applications. Instead, these requests must be made on the electronic Form 1024. Accordingly, organizations that are described in Section 501(c) (other than 501(c)(3) and (c)(4)) and 501(d) applying for tax-exempt status must now use the electronic Form 1024. Section 501(c)(3) organizations must continue to use Form 1023 or Form 1023-EZ, and Section 501(c)(4) organizations must continue to use Form 1024-A. Those forms also must be filed electronically.
Additional information on how to apply for IRS recognition of tax-exempt status:
Applying for Tax-Exempt Status on IRS.gov
Revenue Procedure 2022-8PDF
IR-2022-44, February 24, 2022
WASHINGTON — The Internal Revenue Service today updated its frequently asked questions (FAQs) on the Premium Tax Credit.
FS-2022-13PDF includes the following FAQ revisions and additions:
Updated The Basics FAQs: Q1, Q3, Q4
Updated Eligibility FAQs: Q5, Q7, Q8, Q9, Q11
Updated Reporting, Claiming and Reconciling FAQs: Q24, Q26, Q27
Updated Suspension of Repayment of Excess Advance Payments of the Premium Tax Credit (Excess APTC) for Tax Year 2020 FAQs: Q33
New Unemployment Compensation 2020 and 2021 FAQs: Q38 through Q45
These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.
More information about reliance is available.
IRS-FAQ
IR-2022-42, February 23, 2022
WASHINGTON — The Internal Revenue Service today announced that interest rates will increase for the calendar quarter beginning April 1, 2022. The rates will be:
4% for overpayments (3% in the case of a corporation);
1.5% for the portion of a corporate overpayment exceeding $10,000;
4% for underpayments; and
6% for large corporate underpayments. 
Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.
Generally, in the case of a corporation, the underpayment rate is the federal short-term rate plus 3 percentage points and the overpayment rate is the federal short-term rate plus 2 percentage points. The rate for large corporate underpayments is the federal short-term rate plus 5 percentage points. The rate on the portion of a corporate overpayment of tax exceeding $10,000 for a taxable period is the federal short-term rate plus one-half (0.5) of a percentage point.
The interest rates announced today are computed from the federal short-term rate determined during January 2022 to take effect February 1, 2022, based on daily compounding.
Revenue Ruling 2022-05PDF announcing the rates of interest, will appear in Internal Revenue Bulletin 2022-10, dated March 7, 2022.
IR-2022-41, February 22, 2022
WASHINGTON — The Internal Revenue Service's Low Income Taxpayer Clinic (LITC) program office announced today that its 2022 Publication 4134, Low Income Taxpayer Clinic ListPDF, is now available.
IRS Publication 4134, Low Income Taxpayer Clinic List, provides information about LITCs by geographic area, including contact information and details about the languages, in addition to English, in which each LITC offers services.
How an LITC can help
A Low Income Taxpayer Clinic (LITC) represents individuals whose incomes are generally at or below 250% of the federal poverty guideline, and who are seeking to resolve tax problems with the IRS, such as audits, appeals and tax collection disputes. LITCs can represent taxpayers in court as well as before the IRS. They also can provide information about taxpayer rights and responsibilities in different languages for English as a Second Language (ESL) taxpayers.
LITC program information
The LITC program is a federal grant program administered by the Taxpayer Advocate Service, led by National Taxpayer Advocate Erin M. Collins. Through the LITC program, the IRS awards matching grants of up to $100,000 per year to qualifying organizations. LITCs provide services for free or a small fee. They receive IRS grants but work independently to assist and advocate for taxpayers.
Interested in becoming an LITC?
Organizations interested in representing, educating and advocating for low-income and ESL taxpayers can check out this video about applying for an LITC grant and review the most recent application packagePDF.
There are presently no LITCs in the states of Montana and North Dakota, the territory of Puerto Rico, as well as unserved counties in the states of Arizona, Florida, Idaho, Nevada, North Carolina and Pennsylvania. Qualifying organizations that will serve taxpayers in these states, territories and unserved counties are strongly encouraged to apply.
A complete list of organizations that are currently funded and where they are located can be found by looking at Publication 4134.PDF Individuals who have questions or need additional information about the LITC program or application process, can contact Karen Tober with the LITC program office via email at litcprogramoffice@irs.gov.
March 3 update: See IRS news release 2022-49 for an update for some farmers and fishers who encountered a problem filing using software.
IR-2022-39, February 17, 2022
WASHINGTON — The Internal Revenue Service today reminded those with income from a farming or fishing business they should file and pay their entire tax due on or before Tuesday, March 1, if they did not make estimated tax payments.
Taxpayers can pay from their bank account using their Online Account or they can schedule payments in advance using IRS Direct Pay.
Farmers and fishers who decided to forgo making estimated tax payments have the option to pay the entire tax due on or before March 1. Normally, this special rule applies when income from farming or fishing made up at least 2/3 of the total gross income in either the current or the preceding tax year. Those opting to file by the regular April 18 deadline should have made an estimated tax payment by January 15 to avoid an estimated tax penalty. For more information on estimated tax, see Publication 505, Tax Withholding and Estimated Tax.
Those in the farming business report income and expenses on Schedule F (Form 1040), Profit or Loss From Farming. Additionally, they use Schedule SE (Form 1040), Self-Employment Tax to figure self-employment tax if their net earnings from farming are $400 or more. For more information refer to Topic No. 554, Publication 225, Farmer's Tax Guide and Agriculture Tax Center.
Those in the fishing business report income and expenses on Schedule C (Form 1040), Profit or Loss From Business (Sole Proprietorship). They also use Schedule SE (Form 1040) to figure self-employment tax if their net earnings from fishing are $400 or more. For general information about the rules applying to individuals, including commercial fishermen who file Schedule C, refer to Publication 334, Tax Guide for Small Business.
Those whose trade or business is a partnership or corporation see Publication 541, Partnerships or Publication 542, Corporations.
Paying online is safe, fast and easy
Online account allows individuals to make same-day payments from a checking or savings account. Taxpayers can view up to 5 years of their payment history, any pending or scheduled payments, balance and payment plan information, and digital copies of certain notices from the IRS. They can also view their Adjusted Gross Income from their most recent tax return, their Economic Impact Payment amounts, and their advance Child Tax Credit payment information.
Taxpayers can use IRS Direct Pay to schedule a payment from their bank account for their tax deadline with no registration or login required. Those who want to pay business taxes should enroll in and use the Electronic Federal Tax Payment System (EFTPS).
For more information about these and other payment options visit IRS.gov/payments.
Related items
Tax Topic 416, Farming and Fishing Income
Publication 5034, Need to Make a Tax Payment? (English and Spanish)PDF
IR-2022-34, February 15, 2022
WASHINGTON — The Internal Revenue Service today updated its frequently asked questions (FAQs) on Higher Education Emergency Grants.
This updated FAQ adds questions 8 and 9 in FS-2022-11PDF.
In IR-2021-70, Emergency aid granted to students due to COVID is not taxable, the IRS issued FAQs on how students and higher education institutions should report pandemic-related emergency financial aid grants. These FAQs were subsequently updated on May 18, 2021.
These updated FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.
More information about reliance is available.
IRS-FAQ
IR-2022-32, February 14, 2022
WASHINGTON — To help taxpayers and tax professionals, the Internal Revenue Service today announced a special new page on IRS.gov to provide the latest details and information affecting the 2022 filing season and ongoing efforts by the agency to address the inventory of previously filed tax returns.
During this tax season, taxpayers face a number of issues due to critical tax law changes that took place in 2021 and ongoing challenges related to the pandemic. To raise awareness about these issues and provide people with the latest timely information, the IRS has created a special tax season web page. This page will provide people with a quick overview of information to help people filing tax returns as well as those who have previous year tax returns awaiting processing by the IRS.
"The IRS is taking numerous steps to keep this tax season going smoothly while also taking additional action to address the inventory of tax returns filed last year," said IRS Commissioner Chuck Rettig. "We're off to a good start processing tax returns and issuing refunds. But we want people to have an easy way to see the latest information. This new page provides a one-stop shop for the latest key information people and the tax community may need."
The "special tax season alerts" page will be available through the IRS.gov home page and shared through social media and other channels.
The page will include the latest filing season updates. The IRS began tax season on January 24, and in less than two weeks more than 4 million tax refunds have gone out worth nearly $10 billon. Millions more will go out in the weeks ahead as the IRS enters an important period of the tax season.
The page also includes links to important information related to ongoing efforts by the IRS to address the inventory of unprocessed tax returns filed before this year. This includes steps to stop more than a dozen common letters to taxpayers, and updates on IRS operations and the number of unprocessed tax returns.
"The combination of the pandemic, new tax laws and numerous other factors led to an unprecedented amount of unprocessed tax returns and correspondence remaining in the IRS inventory during 2021," Rettig said. "We must continue pursuing innovative strategies while supporting the hard work and dedication of our employees to fulfill our commitment to return inventories to a healthy level before entering the 2023 filing season. These steps are making a difference. Refunds for tax returns and amended tax returns in the inventory continue to flow out to taxpayers."
The IRS continues to urge taxpayers to carefully review their tax filings for accuracy and file electronically with direct deposit to speed refunds. Special tips are available in several places on IRS.gov, including these top 5 tips; basics on the 2022 tax season and IRS Tax Time Guide.
For the latest information see the February 21 IRS statement.
IR-2022-27, February 7, 2022
WASHINGTON — The IRS announced it will transition away from using a third-party service for facial recognition to help authenticate people creating new online accounts. The transition will occur over the coming weeks in order to prevent larger disruptions to taxpayers during filing season.
During the transition, the IRS will quickly develop and bring online an additional authentication process that does not involve facial recognition. The IRS will also continue to work with its cross-government partners to develop authentication methods that protect taxpayer data and ensure broad access to online tools.
"The IRS takes taxpayer privacy and security seriously, and we understand the concerns that have been raised," said IRS Commissioner Chuck Rettig. "Everyone should feel comfortable with how their personal information is secured, and we are quickly pursuing short-term options that do not involve facial recognition."
The transition announced today does not interfere with the taxpayer's ability to file their return or pay taxes owed. During this period, the IRS will continue to accept tax filings, and it has no other impact on the current tax season. People should continue to file their taxes as they normally would.
IR-2022-24, February 2, 2022
WASHINGTON – The Internal Revenue Service today updated its frequently asked questions (FAQs) on 2020 Recovery Rebate Credit (FS-2022-08PDF).
This updated FAQ includes a revision to the information on tracing payments under Topic F: Finding the First and Second Economic Impact Payment Amounts to Calculate the 2020 Recovery Rebate Credit:
Question 8, Topic F: updated
These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.
More information about reliance is available.
More information on the Recovery Rebate Credit is available on IRS.gov.
IRS-FAQ
IR-2022-22, February 1, 2022
WASHINGTON — The Internal Revenue Service today updated its frequently asked questions (FAQs) for the 2021 Child Tax Credit and Advance Child Tax Credit Payments.
This updated FAQ modifies a question and adds a new question (FS-2022-07PDF):
Question 4, Topic H: Reconciling Your Advance Child Tax Credit Payments on Your 2021 Tax Return
Question 10, Topic H: Reconciling Your Advance Child Tax Credit Payments on Your 2021 Tax Return
These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.
More information about reliance is available.
IRS-FAQ
IR-2022-73, March 31, 2022
WASHINGTON – 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. For additional information about filing deadlines, filers should look to Financial Crimes Enforcement Network's (FinCEN) websitePDF for further information.
Filers missing the April deadlines will receive an automatic extension until October 15, 2022, to file the FBAR. They don't need to request the extension. See FinCEN's websitePDF for further information.
Who must file an FBAR
The Bank Secrecy Act requires U.S. persons to file an FBAR if they have:
Financial interest in, signature authority or other authority over one or more accounts, such as a bank account, brokerage account, mutual fund or other financial account in a foreign country, and
The aggregate value of all foreign financial accounts exceeds $10,000 at any time during the calendar year.
Because of this threshold, the IRS encourages U.S. persons or entities with foreign accounts, even relatively small ones, to check if this filing requirement applies to them.
A U.S. person is a citizen or resident of the United States or any domestic legal entity such as a partnership, corporation, limited liability company, estate or trust.
The FBAR must be filed electronically with the Financial Crimes Enforcement Network (FinCEN) and is only available through the BSA E-Filing System website. Taxpayers who are unable to e-file their FBAR must contact FinCEN at 800-949-2732 (703-905-3975 if calling from outside the U.S.) or FRC@fincen.gov.
Penalties for failure to file an FBAR
Those who don't file an FBAR when required may be subject to significant civil and criminal penalties that can result in a fine and/or prison. The IRS will not penalize those who properly reported a foreign account on a late-filed FBAR if the IRS determines there was reasonable cause for late filing.
More details and help available
IRS.gov has several resources available 24 hours a day:
2022 FBAR fact sheet
Report of Foreign Bank and Financial Accounts (FBAR)
International Taxpayers
FAQs About International Individual Tax Matters
FinCEN's website Reporting Maximum Account Value
To help avoid delays with tax refunds, taxpayers living abroad should visit Helpful Tips for Effectively Receiving a Tax Refund for Taxpayers Living Abroad on IRS.gov.
IR-2022-68, March 25, 2022
WASHINGTON — 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).
These reflect updates to the Draft FAQs, released in May 2021, based on input from tribal government and Alaska Native Corporations leaders.
For purposes of these FAQs, references to tribal members include other eligible recipients of COVID relief payments, such as a tribal member's dependents. In addition, the answers in FAQs 1-14 relating to the tax treatment and information reporting of payments made from Tribes to tribal members should be considered to apply equally to payments made from ANCs to their shareholders and other eligible recipients, such as an ANC shareholder's dependents.
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), enacted on March 27, 2020, provided a number of emergency relief programs that benefit Indian Tribal Governments (Tribes) and tribal members. The Consolidated Appropriations Act, 2021 (CAA), enacted on December 27, 2020, extended certain COVID-related tax provisions, and provides for appropriations for COVID-19 emergency response and relief for the fiscal year ending September 30, 2021, including additional funds for Tribes. The American Rescue Plan Act of 2021 (ARP), enacted on March 11, 2021, also extended previous programs, and added new relief provisions that benefit Tribes and tribal members. These programs allow Tribes to provide emergency relief payments to tribal members and their families for necessary expenses resulting from the COVID-19 pandemic.
More information about reliance is available.
IRS-FAQ
IR-2022-67, March 25, 2022
WASHINGTON – The Internal Revenue Service today updated its frequently asked questions (FAQs) on the third-round Economic Impact Payment (FS-2022-22)PDF.
These FAQs revisions (as noted by date at the end of each revised question) are as follows:
Third-round Economic Impact Payment — Topic A: General Information
Third-round Economic Impact Payment — Topic B: Eligibility and Calculation of the Third Payment
Third-round Economic Impact Payment — Topic C: Plus-Up Payments
Third-round Economic Impact Payment — Topic D: EIP Cards
Third-round Economic Impact Payment — Topic E: Requesting My Payment
Third-round Economic Impact Payment — Topic F: Social Security, Railroad Retirement and Department of Veterans Affairs benefit recipients
Third-round Economic Impact Payment — Topic G: Receiving My Payment
Third-round Economic Impact Payment — Topic H: Reconciling on Your 2021 Tax Return
Third-round Economic Impact Payment — Topic J: Payment Issued but Lost, Stolen, Destroyed or Not Received
These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.
More information about reliance is available.
More information on the Recovery Rebate Credit is available on IRS.gov.
IRS-FAQ
IR-2022-64, March 23, 2022
WASHINGTON — The Internal Revenue Service today revised its frequently asked questions (FAQs) on 2020 unemployment compensation exclusion.
This Fact Sheet (FS-2022-21PDF) updates the 2020 unemployment compensation exclusion frequently-asked-questions (FAQs). These updates are:
Question 6, Topic A: Eligibility (NEW)
Questions 1, 2, 4, Topic D: Amended Return (Form 1040-X)
Question 2, Topic E: Impact to Income, Credits, and Deductions
Question 1, 8, 9, Topic G: Receiving a Refund, Letter, or Notice
Question 1, Topic I: Post Unemployment Compensation Exclusion Adjustment
Question 1, Topic J: Economic Impact Payment
These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.
More information about reliance is available.
IRS-FAQ
IR-2022-61, March 18, 2022
WASHINGTON — 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?"
All taxpayers filing Form 1040, Form 1040-SR or Form 1040-NR must check one box answering either "Yes" or "No" to the virtual currency question. The question must be answered by all taxpayers, not just taxpayers who engaged in a transaction involving virtual currency in 2021.
When taxpayers can check "No"
Taxpayers who merely owned virtual currency at any time in 2021 can check the "No" box when they have not engaged in any transactions involving virtual currency during the year, or their activities were limited to:
Holding virtual currency in their own wallet or account.
Transferring virtual currency between their own wallets or accounts.
Purchasing virtual currency using real currency, including purchases using real currency electronic platforms such as PayPal and Venmo.
Engaging in a combination of holding, transferring, or purchasing virtual currency as described above.
When taxpayers must check "Yes"
The list below covers the most common transactions in virtual currency that require checking the "Yes" box:
The receipt of virtual currency as payment for goods or services provided;
The receipt or transfer of virtual currency for free (without providing any consideration) that does not qualify as a bona fide gift;
The receipt of new virtual currency as a result of mining and staking activities;
The receipt of virtual currency as a result of a hard fork;
An exchange of virtual currency for property, goods, or services;
An exchange/trade of virtual currency for another virtual currency;
A sale of virtual currency; and
Any other disposition of a financial interest in virtual currency.
If a taxpayer disposed of any virtual currency that was held as a capital asset through a sale, exchange or transfer, they must check "Yes" and use Form 8949 to figure their capital gain or loss and report it on Schedule D (Form 1040).
If a taxpayer received any virtual currency as compensation for services or disposed of any virtual currency that they held for sale to customers in a trade or business, they must report the income as they would report other income of the same type (for example, W-2 wages on Form 1040, 1040-SR, or 1040-NR, line 1, or inventory or services from Schedule C on Schedule 1).
For more information, see page 17 of the 2021 Form 1040 InstructionsPDF and visit Virtual Currencies for general information on virtual currency and other related resources.
IR-2022-55, March 10, 2022
WASHINGTON — 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.
These positions fall under a special hiring condition called direct-hire authority. New hires may expect to begin work within 30-45 days of their job offer.
"It's an exciting time to work for the Internal Revenue Service," said IRS Taxpayer Experience Officer and Wage and Investment Commissioner Ken Corbin. "Those who wish to work with customer service as their focus are encouraged to apply. This is gratifying work - as these newly hired individuals will process tax returns and deliver refunds to the nation's taxpayers."
Available positions include temporary, term and permanent jobs. Many are entry-level clerk and tax examiner positions in the Wage and Investment Division. No prior tax experience is required.
"The IRS has opportunities for almost every profession, starting with these entry level positions. Starting here today can guide you to your future career, like it has done for me starting in high school," said Corbin.
The IRS offers competitive pay and benefits, on-the-job training, and opportunities for advancement. The pay range for these positions is from GS-02 to GS-09.
Virtual hiring events
The agency is hosting virtual direct hiring events on March 16, 23 and 30, where the IRS will review resumes and extend job offers to eligible applicants on the spot.
In-person events
These events are open to the public. Interested job seekers are encouraged to bring their resumé and two forms of identification (i.e., state driver's license and/or state Identification card, birth certificate, U.S. Passport, Military ID card or Social Security card). Qualified applicants may receive job offers at the in-person events.
 
Location
Date and time
Kansas City IRS Campus
			333 W. Pershing Road
			Kansas City, MO 64108

March 18
				11 a.m. – 7 p.m. (CT)

March 19
				9 a.m. – 3 p.m. (CT)


Austin IRS Campus
			South Park Office Complex
			5015 South IH 35
			Austin, TX 78744

March 24
				11 a.m. – 7 p.m. (CT)

March 25
				11 a.m. – 7 p.m. (CT)


Workforce Services
			1290 E 1450 S
			Clearfield, UT 84015

March 31
				11 a.m. – 6 p.m. (MT) 

April 1
				11 a.m. – 6 p.m. (MT)


Preregistration and social-distancing are required to attend the in-person job fairs. Per Centers for Disease Control and Prevention (CDC) guidelines, wearing a mask is optional for these job fair sites. For complete details on the virtual events and to register to attend one of the in-person events, visit: jobs.irs.gov/events.
The IRS is an equal opportunity employer. All employees must be U.S. citizens, pass an FBI fingerprint check and tax compliance verification, and meet the mandatory education, training and experience qualification requirements.
IR-2022-54, March 8, 2022
WASHINGTON — 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.
The Child and Dependent Care Credit is expanded for tax year 2021. This means that more taxpayers will qualify this year than ever before, and the credit will be worth more. Taxpayers with an adjusted gross income of more than $438,000 are not eligible for this credit.
"There are many important tax credits available for families, and we don't want anyone to overlook the Child and Dependent Care Credit," said IRS Commissioner Chuck Rettig. "We encourage families and others who may qualify for this credit to carefully review the criteria to make sure they receive the maximum amount they're entitled to. We also encourage the tax professional communities and others to share this important information."
Depending on their income, taxpayers can get a credit worth 50% of their qualifying childcare expenses. For tax year 2021, the maximum eligible expense for this credit is $8,000 for one qualifying person and $16,000 for two or more.
For the purposes of this credit, the IRS defines a qualifying person as:
A taxpayer's dependent who is 12 or younger (no age limit if incapacitated) when the care is provided.
	 
A taxpayer's spouse who is physically or mentally unable to care for themselves and lived with the taxpayer for more than half the year.
	 
Someone who is physically or mentally unable to take care of themselves and lived with the taxpayer for six months and is either:
	 
	the taxpayer's dependent or
would have been the taxpayer's dependent except for one of the following:
		 
		The qualifying person received gross income of $4,300 or more
The qualifying person filed a joint return
The taxpayer or spouse, if filing jointly, could be claimed as a dependent on someone else's return


Taxpayers can use the Interactive Tax Assistant or see the Frequently Asked Questions on IRS.gov to determine if they can claim this credit. For IRS partners, there's a special promotional flyer availablePDF.
The IRS has been highlighting this credit in a number of ways, including Tax Tips, fact sheets, news releases as well as through Twitter and other IRS social media and outreach channels. It's also featured in a special IRS YouTube video.
IR-2022-53, March 8, 2022
WASHINGTON — The Internal Revenue Service today updated its frequently asked questions (FAQs) (FS-2022-17PDF) on the 2021 Child Tax Credit and Advance Child Tax Credit Payments. These updates are to help eligible families properly claim the credit when they prepare and file their 2021 tax return.
These changes reflect that Publication 972, Child Tax Credit, has become obsolete. Taxpayers should refer to Schedule 8812 (Form 1040). Schedule 8812 (Form 1040) is now used to calculate child tax credits and to report advance child tax credit payments received in 2021, and to figure any additional tax owed if excess advance child tax credit payments were received during 2021.
These FAQs revisions and additions are as follows:
2021 Child Tax Credit and Advance Child Tax Credit Payments — Topic B: Eligibility for Advance Child Tax Credit Payments and the 2021 Child Tax Credit: Q3
2021 Child Tax Credit and Advance Child Tax Credit Payments — Topic C: Calculation of the 2021 Child Tax Credit: Q1
2021 Child Tax Credit and Advance Child Tax Credit Payments — Topic D: Calculation of Advance Child Tax Credit Payments: Q1
These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.
More information about reliance is available.
IRS-FAQ
IR-2022-52, March 8, 2022
WASHINGTON — 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.
An IRA is a personal savings plan that lets employees and the self-employed set money aside for retirement and can have tax advantages. Contributions for 2021 can be made to a traditional or Roth IRA until the filing due date, April 18, but must be designated for 2021 to the financial institution.
Generally, eligible taxpayers can contribute up to $6,000 to an IRA for 2021. For those 50 years of age or older at the end of 2021, the limit is increased to $7,000. Qualified contributions to one or more traditional IRAs may be deductible up to the contribution limit or 100% of the taxpayer's compensation, whichever is less. There is no longer a maximum age for making IRA contributions.
Those who make contributions to certain employer retirement plans, such as a 401k or 403(b), an IRA, or an Achieving a Better Life Experience (ABLE) account, may be able to claim the Saver's Credit. Also known as the Retirement Savings Contributions Credit, the amount of the credit is generally based on the amount of contributions, the adjusted gross income and the taxpayer's filing status. The lower the taxpayer's income (or joint income, if applicable), the higher the amount of the tax credit. Dependents and full-time students are not eligible for the credit. For more information on annual contributions to an ABLE account, see Publication 907, Tax Highlights for Persons With Disabilities.PDF
While contributions to a Roth IRA are not tax deductible, qualified distributions are tax-free. Roth IRA contributions may be limited based on filing status and income. Contributions can also be made to a traditional and/or Roth IRA even if participating in an employer-sponsored retirement plan (including a SEP or SIMPLE IRA-based plan).
Taxpayers can find answers to questions, forms and instructions and easy-to-use tools at IRS.gov. This news release is part of a series called the Tax Time Guide, a resource to help taxpayers file an accurate tax return. Additional help is available in Publication 17, Your Federal Income Tax (For Individuals)PDF.
More resources
Retirement Plans FAQs Regarding IRAs
Do I Qualify for the Retirement Savings Contributions Credit?
Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs)
IR-2022-51, March 4, 2022
WASHINGTON — 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.
"Being open on select Saturdays is offered for people to get the help they need when they need it," said IRS Wage and Investment Division Commissioner and Taxpayer Experience Officer Ken Corbin. "We know that many taxpayers work during the week or have other obligations that make it difficult to get away to take care of their taxes during our routine business hours. We're here to help, and people don't need an appointment during these special Saturday hours."
People can also ask about reconciling advance Child Tax Credit payments, receive help resolving a tax problem, a tax bill or an IRS audit. If assistance from IRS employees specializing in these services is not available, the individual will receive a referral for these services. IRS staff will schedule appointments for a later date for Deaf or Hard of Hearing individuals who need sign language interpreter services. Foreign language interpreters will be available.
The IRS follows Centers for Disease Control social distancing guidelines for COVID-19, and availability may change without notice. People are required to wear face masks and social distance at these events.
Please come prepared
The IRS urges individuals to bring the following information:
Current government-issued photo identification
Social Security cards and/or ITINs for members of their household, including spouse and dependents (if applicable)
Any IRS letters or notices received and related documents
During the visit, IRS staff may also request the following information:
A current mailing address, and
Bank account information, to receive payments or refunds by Direct Deposit.
No tax return preparation will be available at any IRS TAC. The IRS.gov webpage, Contact Your Local IRS Office, lists all services provided at specific TACs.
Free tax preparation help
While tax return preparation is not a service offered at IRS TACs during regular hours or during these Saturday hours, the following free resources are available to help most taxpayers prepare and file their 2021 federal tax returns anytime:
Any individual or family earning $73,000 or less in 2021 can use tax software from providers who make their online products available through IRS Free File at no cost. There are products in English and Spanish.
Free help preparing tax returns is available at a Volunteer Income Tax Assistance Center (VITA) or Tax Counseling for the Elderly location (TCE) sites. The income limit for VITA assistance is $58,000. To find the closest free tax return preparation help, use the VITA Locator Tool or call 800-906-9887. To find a TCE AARP Tax-Aide site, use the AARP Site Locator Tool or call 888-227-7669.
More information:
How to Register for Certain Online Self-Help Tools
Reconciling Your Advance Child Tax Credit Payments on Your 2021 Tax Return
Recovery Rebate Credit to learn about filing requirements
Updated on March 15, 2022 — The IRS issued Notice 2022-13, Relief from Addition to Tax for Underpayment of Estimated Income Tax by Individual Farmers and FishermenPDF which waived the addition to tax for qualifying farmers and fishermen who, by April 18, 2022, or, for those taxpayers who reside in Maine or Massachusetts, by April 19, 2022, file their 2021 federal income tax return and pay in full any tax reported as due on the return.
IR-2022-49, March 3, 2022
WASHINGTON — The IRS is aware of a third-party software issue affecting qualifying farmers and fishermen attempting to electronically file Forms 7203.
Qualifying farmers and fishermen are those who are not subject to an addition to tax for failing to pay the required estimated tax installment payment by January 15, 2022, if they file their returns and pay the full amount of tax reported on the return as payable by March 1, 2022.
The IRS has been working closely with software providers to ease the impact on qualifying farmers and fishermen caused by electronic filing challenges in connection with Form 7203.
Due to these challenges, the Treasury Department and the IRS intend to issue a notice providing penalty relief for qualifying farmers and fishermen filing Forms 7203 if they electronically file their 2021 tax return and pay in full any tax due by April 18, 2022, or by April 19, 2022, for those qualifying farmers and fishermen who live in Maine or Massachusetts.
Farmers and fishermen who filed their returns by the March 1 deadline are unaffected by this news release.
IR-2022-48, March 3, 2022
WASHINGTON — 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.
These FAQs (FS-22-16PDF) revisions add Question 54g and Question 65c.
These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.
More information about reliance is available.
IRS-FAQ