Tax Tips
To speed refunds and help with their tax filing, the IRS urges people to follow these simple steps:
• File electronically and use direct deposit for fast refunds.
• Check IRS.gov for the latest tax information, including the latest on Economic Impact Payments. There is no need to call.
• Those who are eligible for stimulus payments should review the guidelines for the Recovery Rebate Credit. Most people received Economic Impact Payments automatically, and anyone who received the maximum amount does not need to include any information about their payments when they file. However, those who didn’t receive a payment or only received a partial payment may be eligible to claim the Recovery Rebate Credit when they file their 2020 tax return.
