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New Member
posted Jul 6, 2021 12:18:28 PM

Any idea when I should be recieving my unemployment tax refund? Filed before the changes were made. Do I need to amend return or just wait?

Received an email from turbotax saying I needed to amend, then was told not to as it might mess return up.

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1 Replies
Level 15
Jul 6, 2021 12:21:20 PM

If you have filed early before the exclusion, the IRS will recalculate your return for the new 10,200 unemployment exemption for you. There is no need for taxpayers to file an amended return unless the calculations make the taxpayer newly eligible for additional federal credits and deductions not already included on the original tax return.

 

Just keep waiting.  The IRS is sending them out in batches over the summer.

See IRS article May 14, 2021

https://www.irs.gov/newsroom/irs-begins-correcting-tax-returns-for-unemployment-compensation-income-exclusion-periodic-payments-to-be-made-may-through-summer

 

And see,

https://www.irs.gov/newsroom/irs-sending-more-than-2-point-8-million-refunds-to-those-who-already-paid-taxes-on-2020-unemployment-compensation