9 & 10 News
March 10, 2021
Financial advisors at Intrust CPA say it could have an effect when filing your 2020 taxes.
Jon Sluis, President of Intrust CPA, says, “The first two are a 2020 tax item. So even though you received some in 2020 and some in 2021, it’s on your 2020 tax return. Now, issuing out this third round that are going to come out is on your 2021 tax return.”
Sluis says qualifying for the stimulus payments all comes down to your most recently filed tax return.
Sluis says, “If you qualify for ’18, ’19, or ’20 it’s on your return. So how you would get it now for the the first and the second stimulus is to file your 2020 tax return.”