Strange IRS deposit on my card - related to ny unemployment refund?

That's the tax refund on unemployment benefits. The government made the first $10,200 of unemployment benefits from 2020 tax-free, but only AFTER many ppl had already filed their taxes. So they're sending refunds to people who overpaid. Check your tax transcripts on the IRS website to confirm its legit.

I had this same exact thing happen last week! I called the ny unemployment office to verify and confirm but couldn't get through to anyone for 3 days straight. Finally found this service called Claimyr (claimyr.com) that got me a callback from a real agent in like 2 hours. They confirmed it was legit - part of the American Rescue Plan where they made some unemployment benefits non-taxable. Best money I ever spent to get that peace of mind instead of worrying about it for weeks! Here's a video explaining how it works: https://youtu.be/Rdqa1gKtxuE

Yeah it's ur tax refund for unemployment. The government passed that bill making some unemployment $$$ tax free. Alot of people already filed before the change so now IRS is sending automatic refunds. You got lucky! 👍

I haven't gotten mine yet and filed in February!! So annoying how they're doing this in waves. Anyone know how they're deciding who gets their refund when? 🤔

This is 100% the unemployment tax refund from the American Rescue Plan Act. When they changed the law to make the first $10,200 of unemployment benefits not taxable, they had to go back and recalculate all the tax returns that were already filed before that change. That deposit code (IRS TREAS 310) is definitely a tax refund. Nothing to worry about - it's free money! Just double check the amount makes sense based on what tax bracket you're in.

KEEP THE MONEY AND RUN!!!!! 🏃‍♂️💨 jk its legit, its the unemployment tax adjustment they've been doing all year

im in the same boat got a random deposit for $742 with that exact code. checked my transcript on the IRS site and yep - its from them adjusting my unemployment taxes. what a nice surprise during these tough times

If anyone is still confused about all this unemployment tax stuff, here's what happened: 1. People collected unemployment in 2020 when COVID hit 2. Initially ALL unemployment benefits were taxable as usual 3. Many people filed their 2020 tax returns early in 2021 and paid tax on all their unemployment 4. In March 2021, the American Rescue Plan passed, making the first $10,200 of unemployment benefits tax-free 5. Rather than making everyone amend their returns, the IRS is automatically recalculating and sending refunds 6. These refunds show up as "IRS TREAS 310 TAX REF" deposits The amount varies based on your tax bracket and how much unemployment you received. It's 100% legitimate money that's owed to you. If you need to confirm anything, you can check your tax transcript on IRS.gov or try to call them, but they're extremely backed up. I used claimyr.com to get a callback from the unemployment office to verify some details about my case - MUCH faster than trying to call myself.

Dont spend it yet!!!! Make sure its actually yours. My cousin got a random deposit and it turned out to be an error and they took it back a week later. Call and verify first!

This happened to me too! It's from the unemployment tax exclusion. Basically you overpaid taxes and now ur getting money back. Enjoy it!

mine came 2 months ago but my husband still hasnt gotten his. the whole system is completely random and broken. good luck getting actual answers from ny unemployment or the IRS on how the timing works 🤡

Am I the only one who STILL cant get through to anyone at unemployment to ask questions??? Been trying for months about an issue with my claim and its impossible to talk to a human

its ur lucky day! free money from the government! now quick go buy a lottery ticket while ur luck is hot 🔥

Wondering if I'll get one of these too. I was on unemployment from March-September 2020 and filed taxes in February 2021. Nothing in my account yet. Anyone know if they're still sending these out?

My tax guy told me the IRS is way behind on these adjustments and should be processing them through the end of the year. If you got unemployment in 2020 and filed before the tax law changed in March 2021, you're probably getting something. The IRS TREAS 310 code is definitely their refund code.