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There is not law yet. It may never pass. Nobody knows what it will or will not do or if it will be retroactive to 2020.
I understand that , I'm just saying IF IT WOULD PASS FOR THIS TAX SEASON FOR 2020 TAXES and I already efiled and it's pending till they start accepting them Feb 12 would my refund be adjusted
@jeffnlilly wrote:
I understand that , I'm just saying IF IT WOULD PASS FOR THIS TAX SEASON FOR 2020 TAXES and I already efiled and it's pending till they start accepting them Feb 12 would my refund be adjusted
No. Any tax law change would take months to be implemented.
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