turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

2020 refunds due Pandemic

How will my 2020 Tax return be updated so that when it transfers to the 2021 return, it will be correct?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

2020 refunds due Pandemic

In a perfect world the original AGI would be pulled forward and that may happen however it is the user's responsibility to know that number in case it doesn't happen as it should.  

2020 refunds due Pandemic

Worded question very poorly.

My AGI has been adjusted by the IRS because of the change to tax on the first $10200 of unemployment payments. This was done AFTER I filed my Turbotax return.  So does my return get updated for 2021 or do I need to do that manually.

2020 refunds due Pandemic

Again this is new and unique situation ... the AGI off the original return must be used next year not the changed AGI  so if the original AGI doesn't transfer to the next year's program correctly the return will most likely be rejected so the user will need to enter the correct amount themselves.  

 

The TT program was updated for the change and many user's noticed it then the program put the original return back for those filing prior to the change  and there are reports that they have again changed it back to the updated amounts.  So which AGI will the program transfer forward ?   Will it be the original AGI ?   Only time will tell.  

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question