A week after telling payment recipients to delay filing returns, the agency won't challenge the taxability of payments related to general welfare and disaster.
In this file photo from April 23, 2020, former President Donald Trump's name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak. The IRS announced Friday, Feb. 10, 2023, that most relief checks issued by states last year aren't subject to federal taxes, providing 11th hour guidance as tax returns start to pour in.
In addition, many taxpayers in Georgia, Massachusetts, South Carolina and Virginia also avoid federal taxes on state payments if they meet certain requirements, the IRS said. A key question was whether the federal government would count those payments as income and require Californians to pay taxes on it. Many California taxpayers had delayed filing their 2022 returns while waiting for an answer. Friday, the IRS said it would not tax the refund.
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