We’ll begin adjusting more than 540,000 Individual Income Tax returns and issuing refunds on September 13 to taxpayers affected by the UI changes. Refunds In Progress For Affected 2020 Minnesota Returns See the above point on what to do if you have already filed your tax return. It would lower your 2020 tax liability or result in a refund if you can claim the standard deduction and other refundable credits. The tax break would act like a credit and reduce your overall taxable income. Read Also: How Do I Transfer Unemployment To Bank Account Does The $10200 Lower Your Taxable Income Tax Credit Or Tax Deduction Learn more about the Massachusetts Unemployment Income Deduction on our FAQ page.Anyone who receives a notice, but believes they are in fact eligible for a deduction, is asked to contact DOR at 887-6367. Review the eligibility rules and deduction calculation using our Unemployment Deduction Worksheet. Today we will begin sending notices to those we determined were not eligible for the Massachusetts unemployment deduction based on their income.Note that simply not cashing the check will not resolve the problem. If you believe you received a refund in error, please contact us at 887-6367 before taking any action.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |