You'll need to sign in or create an account to connect with an expert.
No. If that is ever passed by Congress and signed by the President it will not affect tax year 2020 returns. Unless they plan to screw up everyone's 2020 filed tax returns and make it retroactive to tax year 2020.
HIGHLY unlikely it will be retroactive to the 2020 returns but unprecedented things are happening daily. Watch the news for the final tax reforms and don't hang your hat on the talking heads.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
kvthompson2
Level 2
jaxgab
Returning Member
BSSE1
Level 1
gammarider67
New Member
chelsea23320
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.