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IRS: State payments not subject to federal tax

The Internal Revenue Service says it will not be collecting federal taxes against payments issued in several states last year to offset inflation. But, certain requirements are being imposed in some states. Rebecca Walser, president of Walser Wealth Management, joins CBS News' Lilia Luciano and Lana Zak to answer questions about the tax confusion.
Feb 14, 2023 (04:05)
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