An affected taxpayer who filed their 2019 return after July 15, 2020, may be refunded all income tax payments for 2019 if they file their claim for refund by Monday, July 17, 2023. If, for example, an affected taxpayer filed their return on June 22, 2020, the taxpayer may be refunded all income tax payments for 2019 if they file their claim for refund by Thursday, June 22, 2023. An affected taxpayer who filed their 2019 return after April 15, 2020, but on or before July 15, 2020, because of the postponement provided by Notice 2020-23 may be refunded all income tax payments for 2019 if they file their claim for refund within 3 years of the date they filed their original return. Affected taxpayers are individual taxpayers whose returns were due between April 1, 2020, and July 15, 2020, and who did not receive a filing extension.

Income tax withheld and estimated tax are considered paid on the due date of the return (generally April 15).įor the following affected taxpayers, Notice 2023-21 increases the lookback period when amending 2019 or 2020 returns to claim a credit or refund of taxes.įor 2019 income tax returns. However, when the Form 1040-X or other claim for refund is filed more than 3 years after the taxpayer's return was filed, the lookback period is 2 years.

The lookback period is generally equal to 3 years plus the period of any extension of time for filing the return. When the taxpayer files a timely claim, the credit or refund amount is limited to the amount of tax paid within a specified time period known as the lookback period. Even when the taxpayer has filed a timely claim, there are limits on the amount the IRS may credit or refund. When a taxpayer believes they have overpaid their taxes, they must file a claim for credit or refund with the IRS by the later of 3 years from the date the return was filed, or 2 years from the date the tax was paid. 20 individual income tax returns were postponed under Notice 2020-23 and Notice 2021-21, respectively. Notice 2023-21, issued on February 27, 2023, under the COVID-19 Emergency Declaration, removes the limitation on the amount of credit or refund the IRS can allow in certain circumstances.

Tax form 1040ez printable