Tax Day 2021 has been pushed out to May 17 from April 15 without penalties and interest, giving Americans more time to file their returns as the IRS implements sweeping tax code changes from the latest COVID-19 relief package.
It’s a busy time. Many Americans have tons of questions about their stimulus checks, taxes and unemployment aid after the American Rescue Plan became law.
So far, 127 million stimulus checks have been sent to Americans this month in the first two batches of direct payments. Many people are rushing to get their returns done so they can qualify for the latest round of stimulus aid.
One possibility for you in your tax return refund is if you didn’t qualify for any COVID stimulus payments last year because your income was too high in 2019, you might still get the 2020 stimulus money if you didn’t get any and if your income was lower in 2020. It will be in your tax return refund.
So the big question is, what will you use your COVID relief stimulus or refund for? Over half in the country are using it for home repair and improvement projects.
And because your Florida Homeowners Insurance is at risk of cancelation or modification if your roof is over 10 years old, you should consider using your stimulus and tax refunds for a new roof. See the Homeowner Insurance article here.
Getting a tax refund? Stimulus check? AND in Palm Beach or Broward County, Florida?
Get a FREE roof inspection and estimate from Aastro Roofing by calling 561-409-3280 or click here to make a request online.