You are using an older browser version. Please use a supported version for the best MSN experience.

When you file your taxes could determine how much your stimulus check is

ST. LOUIS - The last year proved the old adage that few things in life are certain, but taxes still make the list. “2020 has been anything but routine or normal, and with that will come changes to a lot of people's individual tax returns,” said Dan Schindler with Anders CPA. In very 2020 fashion, the timeline for when you file might need to be flexible. “There’s a little strategy involved,” said Schindler. That's because of talk in Congress of a third stimulus check that could roll out right in the middle of tax season — expected sometime in early to mid-March. Though lawmakers are still ironing out details, payments could be up to $1,400 for those who qualify. Under the current plan, that’s people who make less than $75,000 per year, and that amount would decrease for people making between $75,000 and $100,000. The treasury would issue those payments based on 2019 or 2020 tax returns, whatever is the most recent on file. This is where the strategy comes in. Read more: https://www.ksdk.com/article/money/stimulus/best-time-file-taxes-2021-coronavirus-stimulus-check/63-54a76e40-b979-492b-aa39-2ed8141ed39d
image beaconimage beaconimage beacon