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cgarrita
New Member

Due to the new unemployment credits, I think I should owe less. I read this change would be done automatically. How so?

I am already scheduled to pay as well.  Will they reimburse me if it turns out I owe less?
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3 Replies

Due to the new unemployment credits, I think I should owe less. I read this change would be done automatically. How so?

You generally do not need to amend for Federal.

 

However, taxpayers would have to file an amended return if they did not originally claim the EITC or other credits, but now are eligible because the [unemployment comp] exclusion changed their income.  These taxpayers may want to review their state tax returns as well.

 

IRS to recalculate taxes on unemployment benefits; refunds to start in May | Internal Revenue Servic...

See these re State:

How is my state taxing unemployment income? (intuit.com)

Do I need to amend my state return to update my un... (intuit.com)

Due to the new unemployment credits, I think I should owe less. I read this change would be done automatically. How so?

@SweetieJean 

Hey, I saw your quote from the IRS.

I just e-Filed an amended return for my niece at 7:23 PM and it was ACCEPTED at 7:25 PM.

Will this move her up or down in the Queue?

 

Regards,

@fanfare

Due to the new unemployment credits, I think I should owe less. I read this change would be done automatically. How so?

@fanfare   I really don't know, but doubt it.  And see this:

Will filing my Amended Return be processed faster when filed electronically?

Currently, the normal processing time of up to 16 weeks also applies to electronically filed Amended Returns.

Amended Return Frequently Asked Questions | Internal Revenue Service (irs.gov)

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