Many people reported receiving their $600 direct payment around January 1, after months of back-and-forth by lawmakers to get another relief package finalized. Second stimulus checks: Who’s eligible for payments and what the new COVID relief bill means for your money The COVID relief bil...
President Joe Biden’s $1.9 trillion coronavirus relief package was approved earlier this month, triggering the third stimulus payment amid the ongoing pandemic to Americans. RELATED:Senate approves $1.9T COVID-19 relief bill after all-night session The first batch of relief payments went to...
It is also import for taxpayers who received a COVID-19 relief Economic Impact Payment last year or who got an advance Child Tax Credit payment to make sure they report the correct amount on their tax returns to avoid processing delays, Rettig said. The IRS will send letters to recipients ...
Stimulus Check Arrive?The American Rescue Plan Act became law ahead of theMarch 14deadline, when the previous $300 federal unemployment benefit bonus expired. The IRS, which had twice distributed stimulus checks, started the process again immediately. And people notedeconomic impact payment(EIP) dep...
WASHINGTON - Still haven’t received your stimulus check? The IRS is adding 3,500 phone representatives to handle a flood of calls from taxpayers waiting for their money from the federal government as part of a massive coronavirus rescue package....
When you just can't with your taxes, check into getting help from a VITA or TCE volunteer. (Photo by Nataliya Vaitkevich) Even simple taxes can be confusing. So it’s a relief when a reputable, knowledgeable person can help you file. But what if you can’t afford a tax professional...
Where can I get more information? For more information about Economic Impact Payments and the 2020 Recovery Rebate, key information will be posted onIRS.gov/eip. Later this week, you may check the status of your payment atIRS.gov/GetMyPayment. For other COVID-19-...
The House Ways and Means Committee released theRetirement, Savings, and Other Tax Relief of 2018 tax bill. The bill proposed to renew tax breaks that expired on December 31, 2017 (i.e. the Tuition and Fees Deduction) and provided retirement saving tax help (i.e. eliminate required minimum...
Solution: Sign into your eFile.com account and click File to begin the checkout process. During this, enter your correct AGI as listed on your last year's Tax Return and re-efile your return at no extra charge. See how to find your previous AGI; you can also get a tax transcript wit...
The 2012 expansion of the Fresh Start Initiative Program increased the opportunity for more taxpayers to apply and qualify for tax relief. This was especially important during the COVID-19 pandemic, which created financial hardship for millions of Americans and drove a significant increase in accepted...