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I.R.S. Begins Accepting Tax Returns: Live Business Updates


Here’s what you need to know:The I.R.S. begins accepting tax returns on Friday. Millions of people received stimulus payments and unemployment assistance last year — but they are treated differently for tax purposes. In this week’s Your Money Adviser column, Ann Carrns lays out the implications for both.Stimulus ChecksThe good news is that you don’t have to pay income tax on the stimulus checks, also known as economic impact payments. In fact, if you were paid the amount you were expecting and your family circumstances haven’t changed, you don’t need to include …

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