Press Releases

Ways and Means Committee Ranking Member Richard E. Neal (D-MA) released the following statement on the Internal Revenue Service’s guidance that certain state rebates would not be subject to federal income tax:

“In the face of global inflation, several states extended a helping hand to residents in need, and I’m relieved IRS recognizes these payments for what they are: relief. Taxpayers can now go ahead with filing, without the confusion or uncertainty of how these payments will be treated. IRS’s new customer service representatives are in place, already bringing wait times down and getting more taxpayers the answers they need. I encourage all to file early and electronically.”