I efiled an amended federal 2020 return in the beginning of April 2021 for three reasons: (1) a missed W2, (2) $10,800 Unemployment Tax credit, and (3) a missed Education Credit. According to "where's my amended return," the amended return has been received, adjusted and completed. However, the correspondence and refund that I received is only for the Unemployment Tax Credit. They made no adjustments for the missed W2 or the missed Education Credit. These two add up to about a $1,000 refund. I'm not sure what I should do next. Wait? or File another amended return?
WAIT----do not jump the gun. It has been taking the IRS about six months to process amended returns--so it would be kind of surprising if they are really done with an amended return you sent in April. (And by the way---the amount of unemployment not subject to federal tax is $10, 200 ) Wait until you actually receive the refund. When the IRS sends a refund for an amended return they send a check via first class mail to the address on your tax return.
The refund for the unemployment tax credit was direct deposited and the letter/notice I received says nothing about an amended return. It just says that my 2020 form 1040 was adjusted to correct your unemployment compensation.
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