5 Changes to Your Federal Tax Return Form in 2021

Last year, the Form 1040 tax return got a bit of a makeover. This tax season, the changes to the return for 2020 are less noticeable but at least as important for the average taxpayer. They include a new tax deduction and a new tax credit, for example, thanks to coronavirus pandemic relief laws. So, even if you never set eyes on your Form 1040 because a software program or professional handles it…

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