Pandemic, stimulus checks could impact 2021 tax filing season

What you need to know
What you need to know for the 2021 tax-filing season.
What you need to know for the 2021 tax-filing season.(WAFB)
Updated: Jan. 21, 2021 at 5:41 AM CST
Email This Link
Share on Pinterest
Share on LinkedIn

BATON ROUGE, La. (WAFB) - The pandemic could change the way your family files taxes this year.

If you are among those eligible to get a stimulus, but it never came in the mail, you can claim that amount in your taxes.

That’s called the Recovery Rebate Credit.

Individuals can check Get My Payment and enter their personal information. That will tell you if you received the first or second stimulus check payment. This is necessary to file a tax return, says the owner of Assurance Tax & Accounting Group Kimberlee Collins Walker.

According to the Internal Revenue Service, it was “Authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the COVID-related Tax Relief Act. It is a tax credit against your 2020 income tax. Generally, this credit will increase the amount of your tax refund or decrease the amount of the tax you owe.”

Click here to report a typo.

Copyright 2021 WAFB. All rights reserved.