Taxes are a fact of life, and so are annual changes in how you file and calculate your federal income tax. But the coronavirus pandemic will mean even more than the usual yearly surprises when you sit down to do your taxes for 2020.
A few of the new wrinkles stem from the $2.2 trillion CARES Act, last year's monster COVID relief bill that delivered the first round of stimulus checks to Americans.
You’ll want to be aware of all the new limits, deductions and credits that can help increase your tax refund — and give you more money to save and invest, or pay off debt. Here are five potentially surprising tax changes to watch for during the current filing season.
Ethan Rotberg | Yahoo Finance