What happens if the 3rd Round Arrives During Tax Season?
Regarding stimulus checks, everything is a question but add to that the tax season…
Let’s imagine that the 3rd round of stimulus payments will arrive during tax season. What happens in this scenario?
Uncle Sam will receive the 2020 tax returns starting on February 12, and if the third round of stimulus payments arrives during tax season, he will have little time to process those checks. The taxman may even have to change its protocol.
So, since everything related to taxes is quite difficult and we are still struggling to survive the tax season, any changes to it may translate to sleepless nights and severe headaches.
Also of interest:
- 14 Nice-try Tax Breaks Rejected by Uncle Sam
- Why Should You File Your Taxes Early? Here Are 5 Money-saving Reasons!
- 7 U.S. States Where Personal Income Taxes Will Either Fall or Rise This Year