IRS refunds more than $1,200 each, more than 12 million after tax reform

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The IRS has given refunds to nearly 12 million taxpayers after correcting their 2020 tax returns.

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The American Rescue Plan Act needed reform.

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The IRS says it fixed 14 million returns.

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The result was a total of $14.8 billion in refunds and an average of about $1,232 each.

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Insists those affected to keep tax records about the corrections.

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Eligible taxpayers who did not receive a correction may need to file an amended 2020 tax return to claim a refund.

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IRS refunds more than $1,200 each, more than 12 million after tax reform

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