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Tax News

Your Top Tax Questions About Coronavirus (COVID-19), Answered

March 30, 2021 (Last Modified: April 1, 2021) / TurboTaxBlogTeam
Your Top Tax Questions About Coronavirus (COVID-19), AnsweredIn response to coronavirus, the Treasury and IRS have announced several changes to the tax filing season, including an extension of the tax year 2020 federal tax filing deadline to May 17, 2021. Taxpayers getting a refund are encouraged to...

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Tax Deductions and Credits

What’s the Difference Between a Tax Credit and a Tax Deduction?

March 27, 2021 / TurboTaxBlogTeam
What’s the Difference Between a Tax Credit and a Tax Deduction?

While both tax deductions and tax credits can save you a significant amount of money on your taxes, they work in significantly different ways. Find out how here.

Full Story

Self-Employed

What the Coronavirus Relief Means for Self-Employed Taxpayers

March 18, 2021 / TurboTaxBlogTeam
What the Coronavirus Relief Means for Self-Employed TaxpayersIn response to coronavirus, the Treasury, IRS, and federal government have announced several coronavirus relief and stimulus packages for individuals, the self-employed workers and businesses. If you’re self-employed, here’s everything you need to know about what the Coronavirus Aid, Relief,...

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Tax News

California Golden State Stimulus

February 27, 2021 (Last Modified: March 3, 2021) / TurboTaxBlogTeam
California Golden State StimulusCalifornia has signed the Golden State Stimulus, which includes $600-$1200 cash payments to eligible residents. Eligibility is based on your 2020 tax return (the one you file in 2021). You will need to file your 2020 California state tax return...

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TurboTax News

True Customer Stories of Tax Time Triumph

February 25, 2021 / TurboTaxBlogTeam
True Customer Stories of Tax Time TriumphSettle in, friends. Time to move to the comfy chair and watch mysteries unfold as people, just like you, share inspiring stories that might change your life forever. Or at least inspire you to get one step closer to your...

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Tax Planning

Do You Financially Support Your Family Living Abroad? See if You Qualify for any Deductions and Credits on Your Income Tax

February 24, 2021 / TurboTaxBlogTeam
Do You Financially Support Your Family Living Abroad? See if You Qualify for any Deductions and Credits on Your Income TaxFamily is so important that our love for them remains strong whether they live close or far from us. That’s why we’ll always be willing to help them out no matter where they are located. Sometimes we’ll mail them big...

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Tax News

Am I Getting a State Stimulus Check?

February 23, 2021 / TurboTaxBlogTeam
Am I Getting a State Stimulus Check?You may have been hearing some buzz about some states passing COVID-19 relief bills that include stimulus payments. We know how important these funds are to you and want to make it as easy as possible for you to understand...

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Tax News

Maryland State Stimulus Checks

February 16, 2021 / TurboTaxBlogTeam
Maryland State Stimulus ChecksIn February Maryland passed the The Maryland Recovery for the Economy, Livelihoods, Industries, Entrepreneurs, and Families (RELIEF) Act. The RELIEF Act provides aid to Maryland residents through a number of measures, including an economic impact payment or stimulus payment for...

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TurboTax News

TurboTax Launches #LeadingConEducación a Program to Empower and Support Latino Youth

February 16, 2021 (Last Modified: February 17, 2021) / TurboTaxBlogTeam
TurboTax Launches #LeadingConEducación a Program to Empower and Support Latino YouthObtaining a college degree is an important milestone for many Latino students and their families, but the stress of paying for higher education can sometimes deter students from that goal. TurboTax is proud to announce a new initiative to help...

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TurboTax News

TurboTax Offers Free Tax Filing for Military Active Duty and Reserve

February 9, 2021 / TurboTaxBlogTeam
TurboTax Offers Free Tax Filing for Military Active Duty and ReserveThrough our Intuit Military and Veteran Initiative, we are committed to creating job opportunities and fueling financial empowerment for military families and veterans through programs woven within the fabric of our company. As a part of this commitment, we at...

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  • Man checking his refund status Where’s My Tax Refund? How to Check Your Refund Status March 31, 2021 / TurboTaxLisa
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