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2020 taxes might be a little more complicated

Posted at 7:02 AM, Jan 11, 2021
and last updated 2021-01-11 11:51:26-05

LAS VEGAS (KTNV) — Your 2020 taxes are likely going to be a little more complicated but it could mean extra cash in your pocket.

A lot of it has to do with the stimulus packages.

If you had a baby in 2020 after the first stimulus checks went out, you may qualify for more money on your taxes.

RELATED: Did you have a baby in 2020? You may qualify for an additional $1,100 in COVID-19 stimulus

Young adults who may be filing taxes on their own for the first time that were left out of the stimulus could qualify now.

There were several other tax breaks extended in the COVID relief bill, including for parents helping pay for their children's college and those with mortgage insurance premiums.