• another stimulus question

    From msf@21:1/5 to Alan on Tue Apr 20 09:45:55 2021
    On 3/18/2021 12:14 AM, Alan wrote:
    On 3/17/21 6:06 AM, msf wrote:
    Of course.   But what the statute actually says is the earlier of "90
    days after the 2020 calendar year filing deadline, or ... September 1,
    2021."

    So if Congress moves the deadline as it did last year, September 1
    could become the earlier date.

    https://www.congress.gov/bill/117th-congress/house-bill/1319/text#H846C3A15680A4A8A8955480EAD601206


    On 3/15/2021 2:16 PM, MZB wrote:
    On 3/14/2021 4:15 PM, Alan wrote:
    The ADDITIONAL PAYMENT DETERMINATION DATE is the earlier of 90 days
    after April 15, 2021 or Sep. 1, 2021.

    HUH???
    Seems the 90 days after 4/15 is ALWAYS sooner than 9/1

    Mel


    It doesn't require Congress to move the filing deadline. The IRS
    Commissioner just did it and made it May 17.  You can add 90 days to
    that and you are still earlier than 9/1.

    It requires an act of Congress to move the tax filing deadline.
    Fortunately, Congress had already passed the Stafford Act enabling the "Secretary of the Treasury" to determine that tax filers are "affected
    by the COVID-19 emergency" and can thus delay filing. https://www.irs.gov/pub/irs-drop/n-21-21.pdf

    More importantly, for taxpayers in Texas, Louisiana, and Oklahoma, the alternate determination date for the stimulus calculation really is
    September 1. That's not a full 90 days after their filing deadline of
    June 15.

    https://www.jacksonhewitt.com/tax-help/jh-tax-talk/texas-oklahoma-louisiana-tax-deadline-extension/

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