One of my clients emailed me this morning that they received (via direct deposit) their “Recovery Rebate” (aka stimulus) payment. So the IRS is distributing those. The IRS promises a tool on Friday to check your payment and for individuals who do not have direct deposit to input your banking information. Kudos to the IRS for moving this fast.
I have updated my return deadline information for individuals. The excel version is here; the pdf is here. This update includes the change to federal second quarter estimated payments (now due on July 15th). I also noted that Virginia did not extend its deadline (it remains May 1st); they only extended the deadline to pay (to June 1st).
Tags: 2020.Tax.Season