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Stay up to date on the latest IRS news related to tax laws, announcements, refund timing, and key dates with the help of TurboTax.

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Tax News

California Golden State Stimulus

February 27, 2021 (Last Modified: March 1, 2021) / TurboTaxBlogTeam
California Golden State StimulusCalifornia has signed the Golden State Stimulus Bill into law, 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...

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Tax News

American Rescue Plan: What Does it Mean for You and a Third Stimulus Check

February 27, 2021 / TurboTaxLisa
American Rescue Plan: What Does it Mean for You and a Third Stimulus CheckIn January, President Biden proposed a $1.9 Trillion emergency coronavirus relief plan, called the American Rescue Plan. As it stands today, the plan includes a third direct stimulus payment, expanded unemployment, and the expansion of tax credits for families with...

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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 Refunds

What To Expect When You’re Expecting…a Tax Refund

February 19, 2021 / TurboTaxBlogTeam
What To Expect When You’re Expecting…a Tax RefundReady for your tax refund? You’re not alone! Close to 75% of taxpayers received a federal direct deposit tax refund close to $3,000 last year! TurboTax is now accepting tax returns, which means you’re one step closer to receiving your...

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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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Tax News

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

February 12, 2021 / TurboTaxBlogTeam
E-File is Now Open: Why You Should File Your Taxes EarlyToday, 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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Tax News

Facts About the PATH Act and Tax Refunds

January 16, 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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Tax News

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

January 15, 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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Tax News

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: February 4, 2021) / TurboTaxLisa
Where’s My Second Stimulus Check?A second stimulus payment is on the way for millions for Americans. As a part of the Coronavirus Response and Relief Supplemental Appropriations Act recently signed into law, the IRS announced that they have begun issuing a second round of...

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