Last year, we dealt with a lot of unknowns because of the coronavirus situation. Taxes were no exception. From the federal tax deadline being moved up to new legislation being passed, there were loopholes coming at us left and right.
Now that the dust is starting to settle, let’s get some clarity about what we can expect on our 2020 tax returns. That way, we can remain in control and focus our energy on making our financial dreams a reality. Here are four unique situations you need to be aware of:
