07/06/2026
šØ STOP SCROLLING! The IRS may owe YOU moneyā¦ but the clock is ticking. š°
Millions of taxpayers could be eligible to recover IRS penalties and interest they paid during the COVID years because of the Kwong v. United States court decision. The IRS is challenging the ruling, but if you think you may qualify, donāt wait.
ā° Deadline: July 10, 2026
If you were charged late-filing penalties, late-payment penalties, estimated tax penalties, or interest on federal taxes during the COVID disaster period, you may want to file a protective claim to preserve your rights while the courts decide the case. (Taxpayer Advocate Serviceā ļæ¼)
ā
How to file:
ā¢ Complete IRS Form 843 ā Claim for Refund and Request for Abatement
ā¢ Write āProtective Refund Claim Pursuant to Kwong Caseā across the top of the form.
ā¢ List the tax years involved, explain that your claim is based on the Kwong decision, and identify the penalties and/or interest you are requesting be refunded or abated.
ā¢ Mail the completed form to the IRS before July 10, 2026. (Taxpayer Advocate Serviceā ļæ¼)
ā ļø This is NOT an automatic refund. Filing a protective claim simply preserves your right to a refund if taxpayers ultimately prevail in court.
Share this post. Someone you know could miss out on money they may be entitled to simply because they never heard about this.
