US Top News and Analysis | IRS may owe millions of taxpayers refunds for pandemic-era penalty relief. How to file a claim AI generated summary, Read the full article for complete information. Millions of Americans could still receive refunds for pandemic‑era IRS penalties and interest after a federal court ruled in Kwong v. United States that the agency improperly assessed those charges for the period from Jan. 20, 2020 through July 10, 2023. To claim a refund or a penalty waiver, taxpayers must act by July 10, 2026— filing a paper Form 843 (preferably by certified mail) and providing documentation that the penalties were assessed during the disallowed window. The relief is not automatic; it applies to a broad cross‑section of filers—including individuals, small businesses, corporations, estates and trusts—who may have incurred failure‑to‑file (up to 5% monthly, capped at 25%) or failure‑to‑pay (up to 0.5% monthly, capped at 25%) penalties. With the IRS having levied millions of such penalties in fiscal‑year 2023, tax professionals warn this could become one of the largest waves of refund claims in recent years, urging affected taxpayers to review their IRS account, consider a “protective claim,” and consult a qualified tax advisor promptly. Read more: https://www.cnbc.com/2026/05/11/kwong-v-united-states-tax-refund-deadline.html #IRS #Kwong #ErinCollins #TaxpayerAdvocate #Form843 #