Within the last week, this senior business consultant stated that taxpayers shoulod file their 2020 returns ASAP. She is incorrect for many taxpayers, i.e., those whose income went up in 2020 over 2019, as the IRS will use the ;latest data available to determine eligibilty and amount. My ncome went up by 50% becuase I started taking social security.
As per the Sunday NY Times dated Martch 14, 2021, in the Business section p. 2, taxpayers like me should slow walk their returns so that the IRS uses the lower 2019 income and not the higher 2020 income to calculate full or partial 3d round stimulus checks.
Further, I did not receive the 2d ESP2 check and have started a trace. Even the NYT missed this as I CANNOT FILE FOR A CREDIT ON LINE 30 AS MY INCOME WENT UP.
Steph needs to revisit this as a correction on both the Nightly News and the Today show, and in the future her editors need to fact check her information with a prominent CPA as the NYT does.