Need Money During COVID-19? Here's 1 Simple Way to Get the IRS to Give It to You.
Millions of Americans are having a hard time making ends meet during the COVID-19 crisis. Some have seen their wages reduced, while others are incurring added expenses that are wreaking havoc on their budgets. If you're still collecting a paycheck but are having financial difficulties, you have several options for addressing that problem, like taking out a personal loan or borrowing from your retirement savings. But what if there were a way to get the IRS to just give you more money instead?
Workers rarely break exactly even when filing their tax returns. Most people wind up getting a refund from the IRS, while some end up owing money. The reason for this is that the tax you pay on your wages during that year is really just an estimate.
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Source Fool.com
