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robzjaz12
New Member

Do I need to amend if I have filed my taxes before the tax break for unemployment had passed?

 
3 Replies
VolvoGirl
Level 15

Do I need to amend if I have filed my taxes before the tax break for unemployment had passed?

If you have filed. 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.

 

See new IRS article May 14, 2021

https://www.irs.gov/newsroom/irs-begins-correcting-tax-returns-for-unemployment-compensation-income-...

 

Do you need to amend your state return?

https://ttlc.intuit.com/community/state-taxes/help/do-i-need-to-amend-my-state-return/00/2134732

robzjaz12
New Member

Do I need to amend if I have filed my taxes before the tax break for unemployment had passed?

What’s the estimated time to receive the payment. 

Critter-3
Level 15

Do I need to amend if I have filed my taxes before the tax break for unemployment had passed?

Sometime starting in May and continuing over the summer. 

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