We encourage taxpayers to perform a quick “paycheck checkup” by using the IRS Withholding Estimator to check if they have the right amount of withholding.
The Earned Income Tax Credit helps low- to moderate-income workers and families get a tax break. See if you qualify.
If you are a qualified taxpayer, you can apply for a payment plan online with the IRS to pay off your balance over time.
Unemployment benefits must be reported on your federal tax return. A record number of Americans are applying for unemployment compensation due to the COVID-19 Outbreak. If you received unemployment benefits, your tax return may be affected.
Joan Koonce, UGA Professor & Extension Financial Planning Specialist, talks about tax and federal stimulus benefits during COVID-19.
An estimated 12 million people who have not claimed their Economic Impact Payments (EIPs) may need to use the IRS non-filer tool before it closes on October 15, 2020. EIPs are commonly referred to as “stimulus checks”. Most adults over 18 are eligible for $1,200 or more. Use this CFPB guide to learn how to claim your benefit.