COVID-19 Individual Resources

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Charitable Donations
Charitable Donations: The recently enacted CARES Act allows $300 of cash contributions to churches and charitable organizations "above the line" regardless of whether they itemize their deductions or not.

Extended Tax Deadlines
Extended Tax Deadlines: The tax deadlines for taxes due April 15, 2020 have been extended to July 15, 2020. Ohio and local deadlines have also been extended.

IRS Payment Plans
IRS Payment Plans: The IRS has unveiled its "People First Initiative", which allows payments on IRS payment plans to be deferred until after July 15 upon request.

Retirement Plans / 10% Penalty on Early Withdrawals
10% Penalty on Early Retirement Withdrawals: Waives 10% Early Withdrawal Penalty for Distributions up to $100,000 from qualified retirement accounts for coronavirus-related purposes made on or after January 1, 2020. In addition, income attributable to such distributions would be subject to tax over three years, and the taxpayer may recontrivbute the funds to an eligible retirement plan within three yeras without regard to that year's cap on contributions. Further, the provision provides flexibility for loans form certain retirement plans for coronavirus-related relief.

Retirement Plans / Required Minimum Distributions
Required Minimum Distributions: The recently enacted CARES Act waives the required minimum distribution rules for certain defined contribution plans and IRAs for calendar year 2020.

Sick Pay
Family Leave and Sick Pay Leave
Family Leave and Sick Leave Pay: If your employer has less than 500 employees and is open for business and your hours have not been affected or reduced by the economic impact of COVID-19, you may qualify for up to 80 hours of paid sick leave if you are sick with the virus, have an isolation order due to the virus, are experiencing virus symptoms, are caring for a person who is quarantined, or are caring for a child whose school or place of care is closed due to COVID-19-related reasons. If your employer has less than 50 employees, they may be eligible for an exemption to pay to pay you 80 hours for caring for a child whose school or place of care is closed due to COVID-19 related reasons.

Stimulus Checks
2020 Recovery Rebates for Individuals
Stimulus Checks: As many may have heard, the IRS will be issuing stimulus checks of $1,200 per adult and $500 per child.

Ohio Department of Job and Family Services
Unemployment: During these uncertain times, you may find yourself laid off from your employer or working less hours. You may qualify for unemployment to assist you with your loss in pay. In order to apply for unemployment in Ohio, you will file online with the Ohio Department of Job and Family Services. When you apply, you will want to make sure you tell the Department you are laid off or have reduced hours from COVID-19. Here are two worksheets "mass layoff instruction sheet" and "instructions for using the mass layoff number" you will find helpful with this process:

It is important to note the one-week waiting period for receiving benefits has been waived for employees laid off due to COVID-19.

Ohio Department of Job and Family Services
Unemployment: Once approved for unemployment, you will need to file weekly claims report to continue your unemployment. Here is a worksheet "Instructions for Filing Weekly Claims Related to COVID-19" you may find helpful:

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