Here’s How the COVID-19 Pandemic Will Affect Filing Your Taxes

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Be careful about filing your taxes early.

Don’t rush on anything, especially when it comes to taxes. While filing your taxes early could prevent many things from happening, including identity theft, it may be better this year for some of us to delay filing this year.

Eric Bronnenkant of the financial advisory company Betterment recommends delaying it until we will see the third stimulus check. (If it’s possible, of course). Wondering why? Because you may be entitled to apply the next bill’s rules, which might affect your return.

Note: Bronnenkant is not saying to skip the filing deadline (April 15) but to take into consideration the third stimulus bill.

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