It’s tax season in July.
Given that the Internal Revenue Service has been dealing with a backlog of unprocessed paper tax returns, it may be even wiser at this point to e-file your 1040 by July 15, especially if you want to collect a tax refund as quickly as possible and use direct deposit to a bank account.
The tax filing deadline, which was extended because of the coronavirus crisis, is fast approaching for millions of taxpayers who have yet to file their 2019 federal income tax returns.
Oddly enough, some people may have little choice but to file a paper return for 2019 because of a computer headache triggered by the use of an online IRS stimulus tool for “non-filers.” It’s not a glitch that will hit everyone, but it’s certainly odd enough to worth noting.
The rollout of the stimulus payments, officially called the Economic Impact Payment, included