Federal Amount changed

Forum|Forum|4 years ago
August 15, 2021
1 reply
6 views

Hello, question. I received my return earlier this year prior to the tax law change for unemployment. Why does Turbo tax now show a higher amount than what I actually received? I didn't amend or change anything either but my old amount compared to the new one has a pretty big difference.

DanPaul02

Level 8

The IRS is resolving these issues and refunding the tax paid on the first $10,200 of unemployment. That will increase the amount of your refund or reduce the amount owed for 2020.

fanfare

Level 15

the turbotax people have decided to change your return back and forth.

Sometimes your additional refund is shown and sometimes it is not.

They only do it to annoy because they know it teases.

ShermickaReedAuthor

Level 2

They shouldn't have done that to me. It really has/had me thinking I'm expecting over $4000 with the new tax change only to only get $1600 from IRS after my initial return.