Covid Relief Bill Changes Tax Rules Midseason What to Know About Filing an Amended Return nbcmiami.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcmiami.com Daily Mail and Mail on Sunday newspapers.
A complex filing season
The policy will shield some families from getting a surprise tax bill. It also adds complexity to an already short tax season the IRS this year began accepting 2020 returns in February instead of January because it had to send out the last round of stimulus payments.
Through Feb. 26, the IRS had received more than 45 million returns and processed about 39 million, according to the agency. Some people with unemployment income may have already filed to get a refund, or to make sure they ll get future stimulus checks.
That means that once the bill becomes law
, those submitted returns will be incorrect and will need to be updated.