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kathyvw
Level 2

Amended Return Required?

I had occasion to review my TurboTax filing several weeks after I received my $22 refund. TurboTax now says I'm due a $1264 federal return. Is this for real?  Do I need to file an amended 2020 return?

 

Thanks for the help.

 

2 Best answer

Accepted Solutions
Mike9241
Level 15

Amended Return Required?

if you reported unemployment compensation then under the ARP act passed into law in 2021 for 2020 some may be nontaxable. The IRS has said it will fix such returns and make refunds as needed. it also stated not to file amended returns. when will you get the added refund if this is your situation?  some time in May at the earliest. 

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liux2355
New Member

Amended Return Required?

Do we need to amend state tax for the unemployment compensation? Thanks!

View solution in original post

2 Replies
Mike9241
Level 15

Amended Return Required?

if you reported unemployment compensation then under the ARP act passed into law in 2021 for 2020 some may be nontaxable. The IRS has said it will fix such returns and make refunds as needed. it also stated not to file amended returns. when will you get the added refund if this is your situation?  some time in May at the earliest. 

View solution in original post

liux2355
New Member

Amended Return Required?

Do we need to amend state tax for the unemployment compensation? Thanks!

View solution in original post

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