Do I need to file an amendment if my state (WV) changes unemployment tax rate? (i.e. The first $10,200 of unemployment this year will not be taxed.)

[ErnieS0]

West Virginia has not issued any guidance on what to do about the federal exemption for the first $10,200 of unemployment. Unemployment benefits are taxable in WV.

The state has extended the filing deadline to confirm with the federal filing date of May 17.

I suggest waiting a few weeks before filing an amended WV return.

Related Resource:

• West Virginia Income Tax Filing and Payment Deadlines Questions and Answers

[wendjo_457]

Has TurboTax updated their system yet in regards to WV taxes?  The governor signed it into law on 4/13/2021 that the first $10200 of unemployment is tax free.  It doesn't appear to me that it has been updated yet?  Any idea when it will be?  I'm holding off on doing a friends taxes who collected unemployment until it has been revised.

[ChondelLO]

Please visit the TurboTax Help article below for more information regarding your state unemployment tax update. 

How is my state taxing unemployment income?

[frushden]

I am also waiting for Turbo Tax to update the WV unemployment benefit exclusion of $10,200.  I contacted the Turbo Tax helpline but did not receive any information related to update for the WV tax return.