IRS: Many Filing Tax Returns Incorrectly

IRS officials say many taxpayers are filing their tax returns incorrectly, because of last year's government stimulus checks.

The IRS says 15% of the tax returns received so far include the error in reporting last year's stimulus payments as income.

The government checks aren't taxable, and officials say many taxpayers are mistakenly calculating the checks as income.

IRS officials say the errors are causing filers to make higher tax payments, or claim smaller refunds than they're supposed to receive.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
8195 Front Beach Road Panama City Beach, FL 32407 Station: 850-234-7777 News: 850-230-5221 Fax: 850-233-6647
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 39232397 -
Gray Television, Inc.