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CL-2021-16: "A Closer Look" at Filing a 2020 tax return – even if you don’t have to – could put money in your pocket

14 May 2021 1:37 PM | Anonymous

Today, the IRS published the latest executive column “A Closer Look,” which features David Alito, deputy commissioner, IRS Wage & Investment Division discussing the opportunity for taxpayers who normally don’t file, claim credits they are eligible for by filing. “So why would anyone want to file a tax return if they don't have to? Well, actually, there are some important reasons – you might get a tax refund and you may be eligible for an additional stimulus payment. If you’re eligible for future payments or credits, it helps if the IRS has your 2020 tax return and direct deposit information on file,” said Alito. Read more here. Read the Spanish version here.

A Closer Look” is a column from IRS executives that covers a variety of timely issues of interest to taxpayers and the tax community. It also provides a detailed look at key issues affecting everything from IRS operations and employees to issues involving taxpayers and tax professionals.

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