Don't hold your breath. An understaffed IRS now has to deal simultaneously with processing 2020 returns, issuing stimulus payments, and rewriting the regulations for the Code sections affected by the new law. And then there's the question about how the new change in unemployment benefits taxation will affect state income tax returns for 2020 that are also in process. Maryland, for example, has delayed it's 2020 tax return deadline until July 15, saying: "“We’ve never before seen so many changes to the current year’s tax code in the midst of the tax filing season,” Comptroller Franchot said. “We’re realistic about the burden this puts on taxpayers, tax preparers and our staff, which is why I’m taking this emergency action to extend the tax filing deadline to July 15.”
