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Important tax news and information collected from the Internal Revenue Service and other trusted sources, disseminated in a manner to address the needs of the average taxpayer.

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Be sure to keep your Economic Impact Payment letter (Notice 1444)

Those who receive an Economic Impact Payment (stimulus check) this year should keep Notice 1444 ("Your Economic Impact Payment") with their tax records. This notice provides important information regarding the amount of the payment, how the payment was made, and how to report a missing payment. Taxpayers should keep this notice along with all other important tax records, including:

  • Forms W-2 from employers;

  • Forms 1099 from banks and other payers;

  • other income documents; and

  • virtual currency transaction records.

For security reasons, the IRS mails this notice to each recipient's last known address within 15 days after the distribution of any payment. It is especially important to keep this notice if you think the payment amount is wrong. Note also that when filing your 2020 tax return, you may refer to Notice 1444, and if eligible, claim additional tax credits.


All taxpayers should keep copies of their past tax returns, together with any supporting documents, for at least three years. Key information from a prior-year's tax return may also be required to file a return in a subsequent year.


Due to the COVID-19 pandemic, the IRS extended the tax filing deadline to Wednesday, July 15, 2020. The IRS continues to process tax returns, issue refunds, and accept tax payments. Taxpayers who opt to mail a tax return rather than file electronically will experience a much longer wait.


For more information, see the following resources:

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© 2020 Taxly, LLC. All rights reserved. Taxlete and MyTaxRights.org are not affiliated, associated, authorized, endorsed by, or in any way officially connected with any government agency. The information provided on this site is not legal advice, does not constitute a lawyer referral service, and no attorney-client or confidential relationship is or will be formed by use of the site. Self-help services may not be permitted in all states. External links are provided solely for convenience and informational purposes only. Taxlete bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. Contact the external site for answers to questions regarding its content.