The IRS has stated that many people who don’t normally file tax returns remain eligible for an Economic Impact Payment of $1,200 or more. They are referencing people who do not file a tax return because they are not required to. Below is a link to a short video that the IRS put out to give directions to people who haven’t filed a tax return to claim their Economic Impact Payment:

https://www.youtube.com/watch?v=s0eKEWlcNp8&feature=youtu.be

Please consult your tax advisor on all the above issues.

This entry was posted on Tuesday, September 1st, 2020 at 8:42 am and is filed under Tax Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.