The third round of Economic Impact Payments will be based on a taxpayer’s latest processed tax return from either 2020 or 2019. You can use the IRS "Get My Payment" tool to find out when your next stimulus payment is expected to hit your bank account or be mailed. Sign up here My stimulus check was mailed. Save better, spend better: Money tips and advice delivered right to your inbox. Last year, the 2019 tax deadline was extended three months until July 15, 2020, without penalties and interest, because of the massive economic shutdowns that went into place to stem the spread of the coronavirus.
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The agency is dealing with staffing issues and outdated IT systems at a time when it’s also implementing sweeping tax code changes from the COVID-19 relief packages. The IRS pushed back the tax filing deadline by a month to Monday, May 17 instead of Thursday, April 15. And others want to know when they need to pay their state taxes, or if they face refund delays. Taxpayers are also grappling with questions on everything from unemployment waivers to child tax credits.
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Stimulus checks sent to 127M Americans: How to check IRS status of your COVID-19 relief payment IRS says more stimulus checks on the way: But when will seniors, others on Social Security get COVID payments? Many people are rushing to get their returns done so they can qualify for the latest round of stimulus aid, and they have questions like: Is it best to file now? Can I still file my return to qualify for a stimulus check? Do homeless Americans qualify for checks? So far, 127 million stimulus checks have been sent to Americans this month in the first two batches of direct payments. Many Americans have tons of questions about their stimulus checks, taxes and unemployment aid after the American Rescue Plan became law. Tax Day 2021 has been pushed back to May 17 from April 15 without penalties and interest, giving Americans more time to file their returns as the IRS implements sweeping tax code changes from the latest COVID-19 relief package. Watch Video: 2020 taxes: Do you owe taxes on stimulus checks or unemployment?įor those last-minute tax filers who were rushing to get their returns done, there’s good news: you’ve been given a one-month reprieve.
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