Does turbo tax do automatic amendment? because I saw that i have a federal refund of $1000 dollars now because of the Unemployment compensation tax exclusion.
I didnt do anything but my 1040x is amended already, i just printed it. Also, i have tax due at first before the UCE , should I pay IRS first or wait for refund?
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1 Replies
JotikaT2
Employee Tax Expert
May 4, 2021 7:58:04 PM
You do not need to file anything.
The IRS is scheduled to send out refunds for those tax returns affected by the change in nontaxable unemployment compensation.