Tax Prep 2021 (for 2020)

Tax Prep 2021 (for 2020)

January 25, 2021
checkbook duplicate, post-it note, and white printer papers showing text about taxes in a beige folder on a black surface with a cup of coffee and iPhone in a yellow case with calculator feature

It’s tax season! The IRS has urged taxpayers to get ready for the upcoming tax filing season. Income tax preparations may look a little different for 2021 due to two rounds of Economic Impact Payments and various other changes. Guardians and conservators with fiduciary responsibility over their wards must determine whether their wards need to file for 2020. The IRS deadline for filing individual tax returns for 2020 is April 15, 2021. People who are eligible for, but did not receive, Economic Impact Payments in 2020 may qualify for the Recovery Rebate Credit when they file their 2020 taxes in 2021.

There are a number of resources available to assist with tax return preparations.

IRS

IRS Coronavirus Tax Relief and Economic Impact Payments

IRS Steps to Take Now to Get A Jump Start on Your Taxes

IRS Free Tax Return Preparation for Qualifying Taxpayers

IRS Tax Return Preparation Assistance Locator

United Way's 211 Service Locator for Nebraska and Iowa