E-file your 2020 Tax Return on February 12, 2021!

tax season 2021

The IRS has delayed the tax season until Feb. 12 due to COVID-19.

They will begin accepting e-filed returns for tax season 2021 on this date due to testing the IRS systems. This is also to ensure eligible taxpayers receive the Recovery Rebate Credit for their remaining stimulus payments.

Here’s what to expect this filing season.

Tax Refunds

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Recovery Rebate Credit FAQ’s

recovery rebate credit

What is the Recovery Rebate Credit?

You can claim your missing stimulus payment with the Recovery Rebate Credit. The IRS introduced the Recovery Rebate Credit for eligible taxpayers who did not receive first or second stimulus payment.

This credit was authorized for COVID-19 assistance under the CARES Act. It is an advanced payment which will increase your refund or lower your tax due to the IRS.

What are the requirements?

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