The IRS is asking millions of taxpayers to hold off on filing their taxes. Here's what you should know.
"So I tried to sit down this morning for a fun game of Do Your Taxes, but turns out the IRS hasn't decided if California's Middle Class Tax Relief payments are taxable or not...," one taxpayer wrote on Twitter.
The IRS issued the guidance after Rep. Kevin Kiley, a Republican from California, wrote to the tax agency to say that his office had been contacted by"numerous" constituents asking for help on the issue. "Many of the 16 million residents of California who received the refund are unable to file a 2022 tax return because they do not have clear guidance as to whether to include this payment" as taxable income, he wrote in the February 2 On Friday, the IRS advised,"[T]he best course of action is to wait for additional clarification on state payments rather than calling the IRS."
It added,"We also do not recommend amending a previously filed 2022 return." Amended returns have been caught up in the IRS' backlog, leading to processing delays.
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