Surprise! These 4 Tax Breaks Are Back
Here in the middle of tax season, most Americans are working hard to get their 2019 returns prepared. Yet thanks to some better-late-than-never action from Washington, some tax breaks that many had given up for dead are suddenly back and better than ever -- and in an unusual move, they got reinstated retroactively back to the 2018 tax year.
As you're getting your 2019 taxes done, you'll want to look at these four tax breaks to see if you can benefit from them this year. Moreover, if you would've qualified last year, you might need to file an amended return in order to get some more money back from the IRS. Below, we'll look at how these four provisions finally got put back in the tax code and help you figure out if you can claim them.
The four tax breaks below are all provisions that lawmakers initially established for only a short period of time. Instead of making a permanent provision, these tax extender provisions typically got extended toward the end of every year.
Source Fool.com