The tax filing deadline, which was extended because of the coronavirus crisis, is fast approaching for millions of taxpayers who have yet to file.
One tool for non-filers was supposed to help some lower-income people who typically don't make enough money to be required to file a tax return but would qualify for the Economic Impact Payment. They're unlikely to be filing 2019 tax returns because they don't have to do so.using this tool
Some people may have been confused about when to use the non-filers tool; others may have been impatient about getting their stimulus check money and opted to use the non-filer tool when they ran into glitches elsewhere on the IRS platform. After being unclear on how what to do, the 63-year-old state retiree decided to enter information in the"Non Filers: Enter Payment Info Here" section. He's not the only person to try this trick, and said he read about it somewhere.
The IRS considers a stimulus registration via its non-filer tool as a federal tax filing, according to tax experts. "If you filed your 2019 return with $2 or more of income, you should file your 2019 taxes using Form 1040-X to amend your return."It is possible to file aby July 15 to receive a three-month automatic extension to file, until Oct. 15. See IRS.gov. Taxpayers still must estimate their tax bill on this form and pay any amount due. If you don't pay the taxes due, penalties and interest may build.
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