Things to know when filing your 2020 tax return
OTTUMWA, Iowa (KYOU) - There’s no doubt the year 2020 left its mark on all of us and there are still parts of the pandemic that are affecting us to this day, like tax filing, and just like everything else we have learned to adapt. Mickey Onyett who is the Operations Manager at H&R Block shares just how her company adjusted.
“We have a platform that’s encrypted very similar to zoom where we can actually send them a link with our app so it’s just like they’re here.”
For those who were laid off during the pandemic and may be worried about receiving enough funds on tax returns, Onyett says thanks to the secures act those who are looking to file can get financial help despite the pandemic.
“Fortunately because of the secures act we are able to look at some of 2019 returns and pull some of the figures we need so that their refunds aren’t impacted if they were low income or middle income and they were getting the low-income tax credit.”
She says that reporting the stimulus will not negatively affect your tax return.
“We’ve had some people leaving with some huge refunds. Their stimulus got lost, they moved, the bank closed, they thought it was gone and then suddenly they get it, its been kind of good.”
She says one important thing to remember before filing is to make sure you have all your correct documentation so that you don’t miss out on anything.
The start date to file is February 12th and all federal returns are due April 15th of this year.
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