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Taxes got extra complicated in 2020, and the IRS has a backlog of 30 million returns that need a manual review.
The IRS says the process of recalculating taxpayer returns will stretch into the summer.
Up to $10,200 in unemployment benefits is tax-free. What do you do if you already filed your return?
Professor Dorothy Brown of Emory University became a “detective,” searching for data on how the tax code impacts Black Americans.
Many pass their income through partnerships and corporations. Others park money offshore.
COVID-19 made filing more complicated. We’re here to help answer your questions.
The IRS shut down its offices due to COVID, creating a buildup of millions of pieces of unopened mail and unprocessed returns.
Millions were on unemployment at some point in 2020. A new measure in Congress proposes waiving taxes on some of that income.
Because so many people worked from home this year, some taxpayers may have to do more research and paperwork.
If the IRS has out-of-date information for your bank account, you may have to claim the stimulus as a credit on your 2020 taxes.