![]() Any economic impact payments you received are not taxable for federal income tax purposes, but they reduce your recovery rebate credit. See chapter 1.Įconomic impact payments-EIP 1 and EIP 2. Please see 2020 Publication 17 changes, later.ĭue date of return. ![]() ![]() You can find most of the information previously found in those chapters in the primary publication. For the latest information about the tax law topics covered in this publication, such as legislation enacted after it was published, go to IRS.gov/Pub17. Most of these changes are discussed in more detail throughout this publication.įuture developments. This section summarizes important tax changes that took effect in 2020. ![]()
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