Tax File - Stimulus

[Epic]

Ee year Taxes file chestunnara early ga? Since there another stimulus on the way, are you waiting until April if your 2019 filing gets you more money?

[Spartan]

it shudnt matter.

[Epic]

1 minute ago, Spartan said:

it shudnt matter.

Why not? Isn't it based on latest filing GAI anymore?

[JonSnowUSA]

Tax file chesanu ninna.. Iroju Robinhood vadu naku 100 loss ayindi 2020 lo ani oka document pampadu.. Malli Amendment cheyala?

[Spartan]

24 minutes ago, Epic said:

Why not? Isn't it based on latest filing GAI anymore?

2019 latest for stimulus determination

[Epic]

6 minutes ago, Spartan said:

2019 latest for stimulus determination

Yup, that was my question, if we file now would they consider 2020 as latest or 2019.

[ZoomNaidu]

47 minutes ago, JonSnowUSA said:

Tax file chesanu ninna.. Iroju Robinhood vadu naku 100 loss ayindi 2020 lo ani oka document pampadu.. Malli Amendment cheyala?

Li8. 

[Anta Assamey]

1 hour ago, Epic said:

Ee year Taxes file chestunnara early ga? Since there another stimulus on the way, are you waiting until April if your 2019 filing gets you more money?

They wouldn't take this year into consideration as all of them won't file on time.. 

[Epic]

32 minutes ago, Anta Assamey said:

They wouldn't take this year into consideration as all of them won't file on time.. 

If you file early this year, the IRS will be able to get that information from your 2020 tax return. If you file later, that information will mostly likely be pulled from your 2019 return. Depending on your situation, that could give you an opportunity to alter the amount of your next stimulus check by timing the filing of this year's tax return.