Latest from Michelle Singletary
Tax Season 2021: Your tax and stimulus payment questions and more answered
This FAQ addressed top issues from taxpayers for the 2021 tax season. People still aren't sure about the taxability of the stimulus payments or whether they can take a home-office deduction.
- Feb 23, 2021
- Personal Finance
- Perspective
The IRS says it’s done sending out stimulus payments. Anyone still waiting should claim it on their 2020 tax return.
The IRS is done sending out stimulus payments. If you haven’t gotten your money don’t wait for the check to come in the mail. You’ll have to file a 2020 tax return.
- Feb 19, 2021
Answering your 2021 tax questions with Post columnist Michelle Singletary
Post columnist Michelle Singletary and tax expert Eric Bronnenkant will take your questions on the 2021 tax season.
- Feb 18, 2021
- Personal Finance
- Perspective
Another reason not to opt for a tax refund loan: It may delay your next stimulus payment
Cut out the middle man and avoid these tax preparation products.
- Feb 16, 2021
- Personal Finance
- Perspective
Tax season 2021: A tornado is coming
With two — potentially three — sets of stimulus payments and an overworked IRS staff dealing with all those extra demands, plenty could go wrong with tax season this year. Here's a preview.
- Feb 12, 2021
To claim your stimulus payment, look for Line 30 on your 1040 tax form
From tax professionals to do-it-yourself software, all eyes will be on Line 30 of IRS Form 1040.
- Feb 9, 2021
- Personal Finance
- Perspective
IRS mistakenly tells tens of thousands of taxpayers they won’t get their stimulus payments
Thousands of taxpayers were told by the IRS that they wouldn’t get a stimulus payment because of a past-due tax debt. The notice was sent in error.
- Feb 5, 2021
- Personal Finance
- Perspective
GameStop holds a financial lesson for kids: Investing is supposed to be boring.
The North American Securities Administrators Association (NASAA) is cautioning investors about the risks associated with stock speculation.
- Feb 2, 2021
- Personal Finance
- Perspective
Retirement ‘baby bonds’ could help close the racial wealth gap
Millions of Americans are struggling to live off just Social Security. Financial adviser Ric Edelman proposes a new type of "baby bond" specifically to fund retirement.
- Jan 29, 2021
- Personal Finance
- Perspective
Many people may not get promised stimulus payments in hand if they owe back taxes
Backlogs and timing could prevent some Americans who owe Uncle Sam back taxes from receiving stimulus payments when they file their 2020 return to claim the Recovery Rebate Credit.
- Jan 26, 2021