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COVID Tax Tip 2020-46, April 28, 2020 Millions of Americans have already received their Economic Impact Payments as the IRS continues to automatically send payments to more individuals. Eligible taxpayers who filed tax returns for either 2019 or 2018 will automatically receive their payment. The IRS will calculate the amount based on the income, filing …
Who can get more Economic Impact Payment money for children Read More »
COVID Tax Tip 2020-45, April 23, 2020 While most eligible taxpayers don’t need to take any action to receive an Economic Impact Payment, some people will. This includes those who are required to file and haven’t filed a tax return for either 2018 or 2019. Here are some facts for eligible taxpayers who need to – …
COVID Tax Tip 2020-43, April 21, 2020 The IRS is sending Economic Impact Payments to eligible individuals. Many taxpayers may be wondering how to get their payment as soon as possible. Most of them don’t have to do anything. Most payments will be sent automatically. Taxpayers who have filed their 2019 tax return and requested direct deposit …
Most Economic Impact Payments are being sent automatically Read More »
COVID Tax Tip 2020-42, April 16, 2020 Taxpayers should be on the lookout for IRS impersonation calls, texts and email phishing attempts about the coronavirus or COVID-19 Economic Impact Payments. These scams can lead to tax-related fraud and identity theft. Here’s what taxpayers should know: The IRS will not call, email or text you to …
Taxpayers should be aware of Coronavirus-related scams Read More »
COVID Tax Tip 2020-41, April 15, 2020 Many people are receiving Economic Impacts Payments to help with the effects of the Coronavirus (COVID-19) pandemic. Among people getting payments for $1,200 are those who receive Social Security retirement, disability (SSDI), or survivor benefits and Railroad Retirement benefits. This includes those who don’t normally file a tax return and are not …
COVID Tax Tip 2020-40, April 14, 2020 Employed full or part time? Unemployed? A temporary or gig worker? Retired or disabled? Receive public benefits? Have no income? Most U.S. residents – under certain income levels – will receive the Economic Impact Payment if they are not claimed as a dependent of another taxpayer and have …
Here’s how much individuals will get from the Economic Impact Payments Read More »
IRS Tax Tip 2020-39, March 19, 2020 The IRS YouTube channel has short videos that answer common taypayer questions and even walk them through how to complete certain forms. The channel has videos on a variety of topics. Here are few of them: First time filing a tax return? – This video introduces first-time filers to Free File, tax …
IRS YouTube videos can help taxpayers with their taxes Read More »
IRS Tax Tip 2020-38, March 18, 2020 The IRS won’t share any information a taxpayer gives IRS with outside parties, unless allowed by the taxpayer or by law. This is the right to confidentiality – the eighth of ten rights taxpayers have under the Taxpayer Bill of Rights. The right to confidentiality means: The IRS won’t …
Taxpayer Bill of Rights: The right to confidentiality Read More »
IRS Tax Tip 2020-37, March 17, 2020 IRS.gov provides helpful information for taxpayers and is a great place to start for tax questions. Many products and services are offered in several foreign languages. For access to information in any of the seven languages that the IRS currently translates information, taxpayers can click on the English …
IRS Tax Tip 2020-36, March 16, 2020 Taxpayers who filed their 2019 tax return and are waiting for their refund can check their refund status by going to IRS.gov and clicking on Get Your Refund Status to access the Where’s My Refund? tool. People can check the status of their tax return about 24 hours after the …
Taxpayers can check the status of their refund on IRS.gov or the IRS2Go App Read More »