How your taxes could be impacted by the coronavirus

 

Source: Michelle Singletary, Washington Post ( Paid Registration )

Some people who aren’t required to submit a federal return will find they must file one if they want the $1,200 stimulus payment promised under the Coronavirus Aid, Relief and Economic Security (Cares) Act. Others filing federal returns will have to account for decisions they made to take advantage of provisions in the Cares Act that offered relief for retirees and penalty-free 401(k) withdrawals.

Here are some tax issues that may impact your 2020 returns, due next April.

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