The IRS has already sent two waves of stimulus checks, and with a third wave on the horizon, Americans are still wondering what they will mean for their taxes. The upcoming tax season will most likely be really confusing for most of us due to the unprecedented events of 2020 that are now spiling into 2021.
It wasn’t very clear in the past either, but now with the coronavirus pandemic, this tax season will come with some challenges. For example, we don’t really know if a filing extension will appear this year or if the taxman will change something on our 2020 tax return. That and many more will be listed in this article.
Let’s find out what experts have to say regarding your 2020 tax return and the coronavirus pandemic.