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IRS accepting tax returns starting Friday, will let Americans use 2019 income this year

The IRS will start accepting tax returns Friday and there are some new provisions for people who suffered financially because of the pandemic.
Tax filing
Posted at 4:51 AM, Feb 11, 2021
and last updated 2021-02-11 17:37:12-05

(KERO) — The IRS will start accepting tax returns Friday and there are some new provisions for people who suffered financially because of the pandemic.

It's a one time rule that allows people to use either their 2019 or 2020 income to get the most out of the earned income and child tax credits. Since many people lost their jobs last year or had their hours cut they may not have qualified.

So this year you could use your 2019 income to qualify if that works out better. They both can significantly reduce the amount of taxes that you owe.

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The filing deadline to submit 2021 tax returns or an extension to file and pay tax owed is Monday, April 18, 2022, for most taxpayers. By law, Washington, D.C., holidays impact tax deadlines for everyone in the same way federal holidays do. The due date is April 18, instead of April 15, because of the Emancipation Day holiday in the District of Columbia for everyone except taxpayers who live in Maine or Massachusetts. Taxpayers in Maine or Massachusetts have until April 19, 2022, to file their returns due to the Patriots' Day holiday in those states. Taxpayers requesting an extension will have until Monday, October 17, 2022, to file.