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Level 2
January 31, 2021
Question

Filing Policy

  • January 31, 2021
  • 1 reply
  • 0 views

Are there any new policies to filing taxes through you all due to the stimulus payments we did or didn't receive?

    1 reply

    DoninGA
    Level 15
    Level 15
    January 31, 2021

    The stimulus questions are asked in the Federal Review section of the TurboTax program.  Any payment you were eligible to receive based on the 2020 Federal tax return but did not receive will be entered on the Federal tax return, Form 1040 Line 30 as a tax credit.  The credit is included in the federal tax refund or it will reduce the amount of federal taxes owed.

    AleachAuthor
    Level 2
    January 31, 2021

    So we're still allowed to file our own taxes and nothing else has changed?

    DoninGA
    Level 15
    Level 15
    January 31, 2021

    @Aleach wrote:

    So we're still allowed to file our own taxes and nothing else has changed?


    Correct.