Nonfilers have until Nov. 21 to apply for economic impact payment
Nonfilers have until Nov. 21 to apply for economic impact payment By Sally Schreiber, J.D. October 6, 2020 RELATED October 15, 2020 2020 employer opportunities: Give more while spending less October 1, 2020 Employers get guidance on income tax withholding from wages September 22, 2020 Lenders will not file Form 1099-C for forgiven PPP loans TOPICS COVID-19 Individual Income Taxation IRS Practice & Procedure The IRS is giving individuals who do not normally file a tax return and have not received an economic impact payment an additional five weeks to enter their information on the Non-Filer: Enter Payment Info Here tool on the IRS website. The new deadline is midnight Nov. 21, which the IRS says is the latest it can push the deadline without affecting the upcoming filing season ( IR-2020-229 ). Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136, eligible individuals will receive an economic impact payment of up to $1,200 for individu...