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New Member
posted Feb 1, 2024 5:01:14 PM

I filed my taxes before they passed the Bipartisan bill. Will I need to amend my taxes or will They automatically add the extra on it?

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Level 15
Feb 1, 2024 5:06:52 PM

The bill has not passed.  It made it through the House of Representatives and is now in the Senate.   It has not been passed or signed into law.   We do not know if it will pass, or how long it might take for the law to be implemented if it passes.   If it passes it will require the IRS to re-do tax forms and tax software will have to be re-programmed and go through an approval process with the IRS.  None of that will happen quickly.  We do not know if people will need to amend or if they will find a way to take care of it for you.