Wednesday, June 10, 2020

COVID-19 Relief Town Hall Discussion


COVID – 19 Relief Town Hall Discussion
with the IRS and Massachusetts Departments of Revenue and Unemployment Assistance
Date   Thursday, June 11, 2020
Time   10:00 a.m. Eastern Time

Call in Telephone Number: (888) 331-8226      Access Code:  5206386

This free 45-minute teleconference is open to all.

Learn about:
  • Postponed Federal and state of Massachusetts Filing and Payment Deadlines
  • Economic Impact Payments - From $1,200 To $2,400 (Even more with qualifying dependents)
  • Free File – File for free using Free File tax software or Free File Fillable Forms
  • Resources & Guidance - Find out where to get the information you need to learn more about the Coronavirus economic tax relief
  • Department Unemployment Assistance – 3 new temporary federal programs
  • Department of Revenue – Taxability of Unemployment Benefits
    • EITC rule
    • MassTax Connect
    • VITA Assistance

Wednesday, June 3, 2020

Teleconference tomorrow: “COVID-19 Relief Town Hall Discussion”

The Internal Revenue Service, the Rhode Island Division of Taxation, and others will take part in the IRS’s “COVID-19 Relief Town Hall Discussion” tomorrow, Thursday, June 4, 2020.

The free 60-minute teleconference call, which is open to the public, will cover a variety of relief provisions related to the coronavirus pandemic.

Topics will include the federal economic impact payments (sometimes called “stimulus payments”, “COVID-19 payments”, or “recovery rebates”); tax-filing and tax-payment updates; awareness about scams; the Volunteer Income Tax Assistance (VITA) program; and other individual assistance and relief programs and initiatives.

Registration is not required. However, the number of teleconference phone lines available is limited, so those interested in listening to the conference are urged to call in early. The teleconference will begin at 10:00 a.m. Eastern Time and will run for approximately one hour.
                                                                          
To listen to the teleconference, call toll-free at 1-888-331-8226 and, when prompted, enter the following access code: 3911745.

A flyer is available with more details. To view, click here.

RI Division of Taxation Office Remains Closed Through Friday, But Many Services Still Available



PROVIDENCE, R.I. – Due to some damage incurred to the William E. Powers building from Monday’s riots in downtown Providence, the Rhode Island Division of Taxation’s office will remain closed to the public through Friday, June 5, 2020, but the Division continues to offer a number of services to taxpayers, tax professionals, and other stakeholders.

The Division’s first-floor office remains closed to the public, with no walk-in service and limited telephone service. Nevertheless, taxpayers, tax professionals, and others may still contact the Division via email, make payments electronically, and file electronically.

The Division continues to issue tax refunds. The Division continues to accept paper filings and payments by check via the United States Postal Service and via private delivery service (although there may be a brief delay in processing). Furthermore, forms, instructions, notices, rulings, and other publications are available 24 hours a day, seven days a week, from the Division’s website: www.tax.ri.gov.

“Although our office remains closed through Friday, June 5, we continue to operate, with certain limitations, and we continue to provide needed services for the State of Rhode Island, its taxpayers, and other stakeholders,” said Rhode Island Tax Administrator Neena Savage.

“Virtually all services the Division provides are available via the agency’s website, email system, and portal,” she said. A brief list of the services that continue to be available, and the few that are temporarily unavailable through June 5, is in the table below. A list of frequently used email addresses and Division website links can be found here

Thursday, May 28, 2020

IRS announces Form 1040-X electronic filing options coming this summer; major milestone reached for electronic returns

WASHINGTON- The Internal Revenue Service  announced today that later this summer taxpayers will for the first time be able to file their Form 1040-X, Amended U.S Individual Income Tax Return, electronically using available tax software products.



Making the 1040-X an electronically filed form has been a goal of the IRS for a number of years. It’s also been an ongoing request from the nation’s tax professional community and has been a continuing recommendation from the Internal Revenue Service Advisory Council (IRSAC) and Electronic Tax Administration Advisory Committee (ETAAC).

Currently, taxpayers must mail a completed Form 1040-X to the IRS for processing. The new electronic option allows the IRS to receive amended returns faster while minimizing errors normally associated with manually completing the form. 

“This new process is a major milestone for the IRS, and it follows hard work by people across the agency,” said IRS Commissioner Chuck Rettig. “E-filing has been one of the great success stories of the IRS, and more than 90 percent of taxpayers use it routinely. But the big hurdle that’s been remaining for years is to convert amended returns into this electronic process. Our teams have worked diligently to overcome the unique challenges related to the 1040-X, and we look forward to offering this new service this summer.”

About 3 million Forms 1040-X are filed by taxpayers each year.

The new electronic filing option will provide the IRS with more complete and accurate data in an easily readable format to enable customer service representatives to answer taxpayers’ questions. Taxpayers can still use the "Where's My Amended Return?" online tool to check the status of their electronically-filed 1040-X.

When the electronic filing option becomes available, only tax year 2019 Forms 1040 and 1040-SR returns can be amended electronically. In general, taxpayers will still have the option to submit a paper version of the Form 1040-X and should follow the instructions for preparing and submitting the paper form. Additional enhancements are planned for the future.

“Adding amended returns to the electronic family also complements our partnership with the tax software industry, which continues to work with us to provide better ways to help taxpayers,” said Ken Corbin, Commissioner of the IRS Wage and Investment division. 

Issue Number:    IR-2020-107