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Get ready for taxes: What’s new when filing in 2021

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The Internal Revenue Service encourages taxpayers to take necessary actions in the final weeks of the year to help file federal tax returns timely and accurately in 2021.

This is the third in a series of reminders to help taxpayers get ready for the tax filing season. A special page, updated and available on IRS.gov, outlines steps taxpayers can take now to make tax filing easier in 2021.

This year, there are some key items to consider involving credits, deductions, and refunds:

Recovery Rebate Credit/Economic Impact Payment. Taxpayers who received an Economic Impact Payment should keep Notice 1444, Your Economic Impact Payment, with the 2020 tax records. They may be eligible to claim the Recovery Rebate Credit on their tax year 2020 federal income tax return if:

• they didn’t receive an Economic Impact Payment, or

• their Economic Impact Payment was less than $1,200 ($2,400 if married filing jointly for 2019 or 2018), plus $500 for each qualifying child they had in 2020.

If taxpayers didn’t receive the full amount of the Economic Impact Payment for which they were eligible, they may be able to claim the Recovery Rebate Credit when they file in 2021.

Individuals do not need to complete information about the Recovery Rebate Credit on the tax year 2020 Form 1040 or 1040-SR when filing in 2021, unless eligible to claim an additional credit amount.

Interest on refunds taxable. Taxpayers who received a federal tax refund in 2020 may have been paid interest. Refund interest payments are taxable and must be reported on federal income tax returns. In January, the IRS will send Form 1099-INT to anyone who received interest totaling $10 or more.

Charitable deduction changes. New this year, taxpayers who don’t itemize deductions may take a charitable deduction of up to $300 for cash contributions made in 2020 to qualifying organizations. For more information, read Publication 526, Charitable Contributions.

Refunds. The IRS always cautions taxpayers not to rely on receiving a refund by a certain date, especially when making major purchases or paying bills. Some returns may require additional review and processing may take longer.

For example, the IRS, along with its partners in the tax industry, continues to strengthen security reviews to help protect against identity theft and refund fraud. Just like last year, refunds for tax returns claiming the Earned Income Tax Credit or Additional Child Tax Credit, cannot be issued before mid-February. This applies to the entire refund, even the portion not associated with these credits.

The IRS reminds taxpayers the fastest and safest way to receive a refund is to combine direct deposit with electronic filing, including the IRS FreeFile program. Taxpayers can track their refund using the Where’s My Refund? tool.

For more information to plan ahead, see Publication 5348, Get Ready to File, and Publication 5349, Year-Round Tax Planning is for Everyone.

COVID-19 vaccine side effects from the CDC

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The COVID-19 vaccination was developed to keep people safe from the novel coronavirus.

But just like any vaccination, there can be some side effects.
According to the Centers for Disease Control and Prevention, “side effects may affect your ability to do daily activities, but they should go away in a few days.”
Common side effects on the arm where you got the shot include pain and swelling.

You could also experience fever, chills, tiredness, and headache.

While he said that it’s not immediately clear to what ingredient people are having allergic reactions, Kim said nothing stands out to him as something that would be high risk.

To reduce pain and discomfort where you got the shot, the CDC recommends that you apply a clean, cool, wet washcloth over the area and use or exercise your arm.

To reduce discomfort from fever, the CDC suggests that you drink plenty of fluids and dress lightly.

In most cases, discomfort from fever or pain is normal. Contact your doctor or healthcare provider if the redness or tenderness where you got the shot increases after 24 hours or if your side effects are worrying you or do not seem to be going away after a few days.

With most COVID-19 vaccines, you will need two shots in order for them to work effectively. The CDC says you should get the second shot even if you have side effects after the first shot unless a vaccination provider or your doctor tells you not to.
It takes time for your body to build protection after any vaccination. COVID-19 vaccines that require two shots may not protect you until a week or two after your second shot.

Republicans four times more likely than Democrats not to get COVID-19 vaccine: poll

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A poll released on Monday determined that Republican respondents were four times more likely than Democrats to say they would never get the COVID-19 vaccine as immunizations begin to be administered across the country.

An ABC News-Ipsos poll found that a respondent’s party identification was directly related to their willingness to take the vaccine. A total of 26 percent of Republican respondents said they would never get the COVID-19 vaccine, compared with 6 percent of Democrats and 14 percent of independents.

The poll found that almost twice as many Democrats, or 49 percent, expressed willingness to take the vaccine as soon as it’s available, compared with 28 percent of Republicans and 42 percent of independents.

But 45 percent of Democrats, Republicans, and Independents all said they would wait a bit before getting immunized.

Overall, about 8 in 10 respondents said they would get the vaccine, with 40 percent saying they would as soon as possible and 44 percent saying they would wait. Fifteen percent of respondents said they would refuse to get vaccinated.

When broken down by age, 93 percent of those over age 65 say they will take the vaccine, with 57 percent saying they will get it as soon as possible. For those under 30 years old, 80 percent are open to getting vaccinated, but 50 percent say they will wait before getting it.

About 9 in 10 respondents with at least a bachelor’s degree were open to getting a vaccine, while 80 percent of those with a high school degree or less agree.

A total of 69 percent of respondents said they or someone they know had contracted COVID-19, and among those, 45 percent said they would immediately take the vaccine. But out of respondents who have not been and don’t know anyone who has been infected, 30 percent said they would obtain the vaccine right away.

The poll comes after the Food and Drug Administration approved Pfizer and BioNTech’s coronavirus vaccine, sparking the distribution process for the first doses. Health care workers and vulnerable populations are designated to receive the first vaccinations in the country.

Houston healthcare workers on frontlines prep for COVID-19 vaccinations

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Nine months into the pandemic, the moment has arrived for Houston-area hospitals to receive their first shipments of Pfizer’s COVID-19 vaccine. The much-anticipated shipments of Pfizer’s COVID-19 vaccine left its facility in Michigan on Sunday and are slated to arrive at 145 distribution centers on Monday.

The rollout of the vaccine couldn’t come soon enough, as the U.S. is set to record its 300,000th death due to COVID-19 this week, according to Johns Hopkins University.

Houston’s M.D. Anderson was the first local hospital to receive the doses of vaccine on Monday morning, the hospital said in a statement.

“The University of Texas MD Anderson Cancer Center received its allocation of COVID-19 vaccine early this morning. MD Anderson’s initial vaccination clinics will safely and efficiently vaccinate health care workers caring for highly immune-compromised patients and those with increased risk of occupational exposure. Vaccination clinics are scheduled to begin on Wednesday, Dec. 16, to give employees time to become familiar with new information made available following emergency authorization.”

Approximately 19,500 doses of Pfizer’s vaccine arrived Monday at four Texas hospitals including MD Anderson Cancer Center in Houston, Methodist Dallas Medical Center, UT Health Austin’s Dell Medical School, and Wellness 360 UT Health San Antonio, according to TDHS. Other Houston-area hospitals will have 75,075 doses arriving at 18 additional centers on Tuesday, according to TDHS.

According to Memorial Hermann’s CEO Dr. David Callender, the hospital system will receive 16,575 doses of the Pfizer vaccine, and their first doses will arrive on Tuesday.

“We need a light at the end of the tunnel right now,” Callender said. “And it’s great that vaccines are serving as that light that we can now see.”

There are 21 hospitals in Harris County, four in Montgomery County, one in Galveston County, and Fort Bend County, respectively, which have been selected to receive the vaccine, according to TDHS.

As of Monday, hundreds of healthcare workers from Memorial Hermann have already signed up to get their shot of the new vaccine in 15-minute appointment intervals.

“I’m happier now than I’ve been literally in a year,” Memorial Hermann’s Infectious Disease Expert Linda Yancey said. “I’m very, very excited about this. They opened up registration over the weekend for the shots.”

For administration, it takes 30 minutes to thaw the vaccine, which must be stored at cold temperatures.

“One of the questions I keep getting is, ‘Is it going to be at negative 80 degrees when they inject me?’ Absolutely not. It’s going to be a nice comfortable temperature when it goes into you,” Yancey said. “You have a little shot in your arm and you’re done.”

Across the state, there will 224,250 doses shipped to 109 hospitals in 34 counties, according to TDHS.

Both the Pfizer and Moderna vaccines require booster shots, according to Yancey. The Pfizer vaccine will need a booster in 21 days, and the Moderna vaccine will need a booster in 28.

“We’ve been planning for this furiously for the last couple of weeks. We’re ready to hit the ground running, as soon as we get the vaccine.” Yancey said.

Yancey also added that hospitals did not get any information for the state of Texas as to when the general population will get the vaccine.

“This vaccine is good at preventing systematic disease and it does cut down on the ability to transmit, but we still have to social distance. We still have to wear masks,” Yancey said. “Nevertheless, this is still the first unalloyed good news I’ve had in a long time.”

CDC gives final OK to Pfizer vaccine ahead of first doses, likely on Monday

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A small crowd cheered as semi-trucks rolled out of the loading dock at a Pfizer manufacturing plant in Michigan, on Sunday, beginning historic journeys to deliver insulated boxes of the nation’s first COVID-19 vaccine to hospitals and health departments across America.

Hours later, the Centers for Disease Control and Prevention formally announced that it had signed the Advisory Committee on Immunization Practices’ recommendation of the first authorized coronavirus vaccine for people 16 years and older. Plans call for health care personnel and long-term care facility residents to be vaccinated first.

Earlier, the caravan of FedEx, UPS, and Boyle Transportation trucks accompanied by unmarked police cars pulled out of the parking lot about 8:25 a.m., headed to airports and distribution centers. Pfizer has said it will deliver 6.4 million doses in these initial shipments. Federal officials say the deliveries will be staggered, arriving in 145 distribution centers Monday, with an additional 425 sites getting shipments Tuesday and the remaining 66 on Wednesday.

Army Gen. Gustave Perna of Operation Warp Speed, the Trump administration’s vaccine-development program, said vaccines should arrive at many sites early Monday. The first inoculations could come that day.

The vaccine is offering hope in the fight against a pandemic that has killed nearly 300,000 in the U.S. alone. But it will take months to produce and distribute enough to vaccinate most Americans, and experts warn that infections, hospitalizations, and deaths will likely climb this winter.

Here are today’s top headlines:

  • An advisory committee to the Centers for Disease Control and Prevention voted Saturday to recommend the Pfizer/BioNTech vaccine for people 16 and older. CDC director Dr. Robert Redfield on Sunday said he has given his clearance.
  • The Food and Drug Administration late Friday granted emergency use of the vaccine.
  • The U.S. has recorded more than 16 million cases of COVID-19, by far the most of any country in the world.
  • About 1 in 8 U.S. hospitals had few or no intensive care unit beds available last week, according to new federal data. Experts say the number of hospitals struggling to accommodate the nation’s sickest patients likely will increase following another week of record COVID-19 cases.

Thousands of doses of the new COVID vaccine are coming to Houston

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Months of waiting for a COVID-19 vaccine to arrive in Houston are almost — but not quite — over, as hospitals prepare to move the first doses from sealed subzero shipments and into the arms of thousands of front-line health care workers this week.

About 19,500 doses of Pfizer’s vaccine will arrive Monday at four medical centers in Texas: MD Anderson Cancer Center in Houston, Methodist Dallas Medical Center, Wellness 360 at UT Health San Antonio, and UT Health Austin’s Dell Medical School, according to the Texas Department of State Health Services, which is overseeing deliveries of the first vaccine approved and shipped in the United States.

Another 75,075 doses will arrive at 19 additional sites on Tuesday, including seven in the Houston area. By midweek, 27 hospitals in the Houston region, most of the Texas Medical Center hospital system flagships or suburban campuses, will have received doses.

Officials on Sunday at some Houston hospitals compared it to waiting on an Amazon delivery: The package is confirmed, but the email with the tracking number and details hasn’t arrived. The first inoculations in Houston could happen in days, depending on when those shipments appear, said Dr. Marc Boom, president of Houston Methodist.

First Batches Of COVID-19 Vaccine Are Arriving in All 50 States. Meet The Army General Behind Distribution

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Seven months of strategizing, $18 billion in funding and it’s all come down to this. Now that scientists at the Food and Drug Administration (FDA) have authorized Pfizer/BioNTech’s COVID-19 vaccine, the U.S. government has cleared the way for the distribution of 2.9 million doses to the American public.

It’s just the first round of shipments in what will be a months-long process to inoculate some 300 million Americans. The decision Friday night sets in motion a vast logistics chain designed to reach each corner of the country. It took meticulous planning to meet the challenge of delivering a sea of doses at controlled temperatures so doctors could administer shots as soon as next week.

The blueprint for the national strategy is represented in a dozen maps and charts Scotch-taped to the walls of a seventh-floor office in downtown Washington, D.C., where General Gustave Perna and his team-leading the government vaccine effort have devised the logistics operation that they hope will change the trajectory of American history. In an interview with TIME this week before FDA authorization, Perna compared vaccine delivery day to the Allied invasion of Normandy during World War II, an event more commonly known as “D-Day.” He uses the same term when discussing plans for the day Pfizer will begin delivering America’s first shipment of vaccines. “This is a game-changer,” he says. “Not to dramatize the situation we’re in, but we’re at war with this virus. And the vaccine is the beginning of the end.”

The countdown to Perna’s personal D-Day began in May when he was put in charge of logistics for the federal vaccine program, dubbed Operation Warp Speed (OWS), an unlikely collaborative effort led by the Department of Health and Human Services (HHS) and the Department of Defense to develop, manufacture and deliver COVID vaccines to Americans. The four-star Army general was tapped because of his 39 years of service as a logistics officer, most recently as commander of U.S. Army Materiel Command which oversees the branch’s global supply chain.

The need for a vaccine has grown increasingly urgent over the past week. On Friday, the U.S. reported 3,309 deaths, the highest toll in a single day the country has seen to date, according to Johns Hopkins University. The grim tally broke the previous record set Wednesday at 3,124. The number of patients hospitalized with COVID reached 108,000, according to the COVID Tracking Project—also a record, one that’s created critical shortages in about 1 in 8 U.S. hospitals, HHS data shows.

An FDA assessment made public on Dec. 8 shows Pfizer’s vaccine is around 95% effective in preventing COVID-19 disease, and on Dec. 11, the FDA formally issued emergency use authorization of the shot. The vaccine is already authorized for use in the UK, where it was administered this week for the first time; it’s also been approved in Canada where the first shots are expected next week.

All lanes of US 290 near Barker Cypress reopen after crash involving METRO officer

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The METRO officer was sideswiped while assisting with another crash.

The crash happened at about 2 a.m. Friday.

METRO officer was assisting with another crash when a vehicle sideswiped their unit.

The driver that caused the crash with the METRO officer was taken to a nearby hospital in an unknown condition. The METRO officer was also taken to a hospital with unknown injuries.

It’s unclear how long the westbound lanes of US 290 will be closed, but TxDOT is asking drivers to seek an alternate route.

Two New Yorkers on Opposite Sides of Trump’s Election Battle

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Elise Stefanik was among the 106 Republican members of Congress to sign her name to an amicus brief in support of Texas’ effort challenging the results of the 2020 election in four battleground states.

Around the same time, Democratic New York Attorney General Letitia James was backing a brief by attorneys general calling the claims made in the Texas lawsuit “baseless.”

The competing legal briefs put both New York women on the opposite sides of the push by allies of the president to overturn the results of the election last month, which was won by President-elect Joe Biden.

Efforts so far by Trump’s legal allies to challenge the election results have fallen far short as the courts, some of which presided over by judges the president himself appointed, have tossed out lawsuits amid unfounded fraud allegations.

The Texas lawsuit challenges absentee ballot procedures in four states that swung to Biden this year: Pennsylvania, Georgia, Wisconsin, and Michigan. It is being pushed toward the Supreme Court ahead of the electoral college meeting on Monday.

Stefanik, along with New York Rep. Lee Zeldin, was among the Republicans signing onto an amicus brief backing the lawsuit. In a statement Thursday evening, Stefanik said the brief was meant to bolster the protection of the U.S. Constitution.

“The Constitution is clear; Election Officials and State Executives cannot change the people’s presidential election process without the state legislature approving it,” she said.

“Additionally, it is unconstitutional to refuse to check signatures on mail-in ballots if the state law explicitly states that they must be checked. We are requesting that the Supreme Court carefully review the lawsuit and provide clarity to the American People, who are rightfully concerned about both the unconstitutional overreach from certain state officials and the integrity of the Presidential election.”

The suit, however, is misinterpreting the Constitution’s electors clause; fails to conclusively demonstrate any widespread fraud, and would essentially allow one state to determine the laws of other states, argued James’ brief, backed by a coalition of state attorneys general.

In a statement, James called the Texas claims “specious and dishonest.”

“The lawsuit led by Texas is nothing more than a faithless attempt to undermine the will of the people and have the courts choose the next president,” James said. “Our coalition is calling on the highest court in this nation to uphold its constitutional duty and dismiss this lawsuit outright. Providing any consideration of these ridiculous claims undermines the integrity of our elections and spits in the face of nearly 250 years of our country’s electoral process.”​

 

HHS secretary says Pfizer vaccine will be approved

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The FDA commissioner will now make a final decision to authorize the vaccine.

A pandemic of the novel coronavirus has now infected more than 69.7 million people and killed over 1.5 million worldwide, according to real-time data compiled by the Center for Systems Science and Engineering at Johns Hopkins University.

HHS Secretary Alex Azar told that vaccinations could come Monday or Tuesday.

He said the Pfizer vaccine will be approved, they are just working out the details and finalizing the fact sheet on allergy warnings.

“We weren’t counting on it in terms of getting to the projections that you and I have talked about having enough vaccine for the second quarter,” he said. “The Sanofi vaccine could be an important additional technology for later rounds of vaccination as one goes forward later in 2021.”

Azar also said the Food and Drug Administration will proceed with the emergency use authorization for the Pfizer-BioNTech vaccine.

He said 20 million Americans will be vaccinated this month, up to 50 million total in January and the U.S. believes “we could have 100 million vaccinations in the arm by the end of February.”