Income Tax
What to Do if You are Still Waiting on the Second Coronavirus Economic Stimulus Payment
The direct deposit payments may take several days to post to individual accounts. Some Americans may have seen the direct deposit payments as pending or as provisional payments in their accounts before the scheduled payment date of Jan. 4, 2021...
Printable IRS Form 1040 for Tax Year 2020
Printable tax form 1040, for tax year 2020. For use with income taxes filed by April 15, 2021.
Coronavirus Stimulus Round 2: $600 Payments Now in Process: Deposits Start Dec. 30
The second round of Coronavirus stimulus payments, $600 for most taxpayers, have started being processed, the U.S. Treasury Department has announced. People could receive them as early as Wednesday, Dec. 30, 2020.
What’s in the New Covid Relief Law?
Stimulus payments are just part of it. Also: more unemployment, PPP, EIDL loans, Employee Retention Credit, EIC, CTC, eviction moratorium, and more.
Congress Passes New Covid Stimulus Bill with $600 Payments to Most Americans
The legislation would provide direct payments of $600 to most Americans and their children. Those with incomes of more than $100,000 would be excluded, as would undocumented immigrants. The payments will go out as soon as next week.
When Will You Get Your 2021 Income Tax Refund?
Most Americans who are expecting an income tax refund receive it by direct deposit in as little as 2 weeks, although it can take longer during the peak of the filing season, which starts in late March. So it's a good idea to e-file your tax return as ...
IRS Reminds Taxpayers of Special $300 Charity Deduction without Itemizing
The CARES Act includes several temporary tax changes helping charities, including the special $300 deduction designed especially for people who choose to take the standard deduction, rather than itemizing their deductions.
Last Chance to Get Coronavirus Stimulus Payments
Anyone who doesn’t normally file a tax return and hasn’t received their coronavirus stimulus payment has until 3 p.m. EST this Saturday, Nov. 21, to register with the IRS for an Economic Impact Payment. The only way remaining to get a payment in 2020 is to register using the Non-Filers: Enter Info Here tool on […]