Taxpayers can now deduct up to $300 cash/check contributions on the front of their tax return regardless if they itemize or not.
2021 Tax Season Updates:
When can I file my completed 2020 tax return?
2021 tax filing season begins Feb. 12.
Are there taxes on Stimulus Checks?
Advance stimulus payments received separately are not taxable, and they do not reduce the taxpayer's refund when they file in 2021.
Need your refund quick?
The IRS urges taxpayers to file electronically with direct deposit as soon as they have the information they need.
What is the PATH ACT?
Under the PATH Act, the IRS cannot issue a refund involving the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) before mid-February. The law provides this additional time to help the IRS stop fraudulent refunds and claims from being issued, including to identity thieves.
Did the IRS change the filing deadline for this year?
April 15, 2021 is currently the deadline for filing 2020 tax returns.
