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Tax News

Whether you’re looking for IRS announcements, industry updates or new tax laws, stay up to date with the help of TurboTax.

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Tax News

Tax Tips for Unemployment Income If You’ve Been Laid Off or Furloughed

March 10, 2021 (Last Modified: April 6, 2021) / TurboTaxLisa
Tax Tips for Unemployment Income If You’ve Been Laid Off or FurloughedThese are unprecedented times and many Americans are struggling financially — unfortunately, unemployment rates have been steadily increasing with Americans filing more than 40 million claims for jobless benefits and the national unemployment rate exceeding 14 percent due to job...

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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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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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Extension and Tax Relief for Texas Winter Storm Victims

February 22, 2021 (Last Modified: March 18, 2021) / TurboTaxKat
Extension and Tax Relief for Texas Winter Storm VictimsMillions of Texans fell victim to the recent devastating winter storms that left many with broken pipes, no power, or running water. If you were impacted by the recent Texas storms or any natural disasters, we want you to know...

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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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E-File is Now Open: Why You Should File Your Taxes Early

February 12, 2021 (Last Modified: March 31, 2021) / TurboTaxBlogTeam
E-File is Now Open: Why You Should File Your Taxes EarlyOn February 12, the Internal Revenue Service (IRS) officially kicked off the opening of the 2020 tax season and is now accepting and processing e-filed tax returns. As we all know, some taxpayers wait until the last minute to file...

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Facts About the PATH Act and Tax Refunds

January 16, 2021 (Last Modified: April 13, 2021) / TurboTaxLisa
Facts About the PATH Act and Tax RefundsThe IRS announced that the 2021 tax season will begin on Friday, February 12, 2021, and they will begin accepting and processing 2020 tax returns. But you don’t need to wait to file. TurboTax is now officially open and accepting...

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IRS Announces E-File Open Day! Be the First In Line for Your Tax Refund

January 15, 2021 (Last Modified: April 13, 2021) / TurboTaxLisa
IRS Announces E-File Open Day! Be the First In Line for Your Tax Refund

Mark your calendars! The IRS confirmed today that they will begin processing tax returns on Friday, February 12, 2021. You can get started now and be first in line for your tax refund! TurboTax is already accepting tax returns and will securely hold them for transmission to the IRS and States once they begin accepting e-file. 

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Why Haven’t I Received My Second Stimulus Check?

January 11, 2021 / TurboTaxBlogTeam
Why Haven’t I Received My Second Stimulus Check?UPDATE – January 11th We know that some tax filers affected by the IRS error have not yet received their stimulus payment. We want to assure you that we are doing everything we can to get you your stimulus payment...

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Tax News

Where’s My Second Stimulus Check?

January 11, 2021 (Last Modified: March 11, 2021) / TurboTaxLisa
Where’s My Second Stimulus Check?This content is for the second stimulus check. For information on the first stimulus check, visit our “Where’s My First Stimulus Check? How to Check the Status” blog post. For information on the third stimulus check, please visit our “Where’s...

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