The IRS is recalculating refunds for people whose AGI is $150K or below and who filed before the tax law that changed the amount of unemployment that is taxable on a federal return became effective.
The IRS began to send out the additional refund checks for tax withheld from unemployment in May. The refunds are being sent out in batches—starting with the simplest returns first. If you are eligible for the extra refund for federal tax that was withheld from your unemployment the IRS will be sending you an additional refund sometime during the next several months.
TurboTax cannot track or predict when it will be sent. The IRS has not provided a way for you to track it, so all you can do is wait for the refund to arrive.
Please read this very recent news from the IRS:
https://www.irs.gov/newsroom/2020-unemployment-compensation-exclusion-faqs
Mines. File joint with dependents is pending in my account for a deposit date of next week.
Mine is simple.
Single, 2 jobs + unemployment, no kids, and school. Just felt like mine would've been one of the first to process and i did it the week taxes opened up. Hopefully they process some this week.
They are being processed in batches. There is no way to predict what batch yours will be in.
The IRS is recalculating refunds for people whose AGI is $150K or below and who filed before the tax law that changed the amount of unemployment that is taxable on a federal return became effective.
The IRS began to send out the additional refund checks for tax withheld from unemployment in May. The refunds are being sent out in batches—starting with the simplest returns first. If you are eligible for the extra refund for federal tax that was withheld from your unemployment the IRS will be sending you an additional refund sometime during the next several months. TurboTax cannot track or predict when it will be sent. The IRS has not provided a way for you to track it, so all you can do is wait for the refund to arrive.
Please read this very recent news from the IRS:
https://www.irs.gov/newsroom/2020-unemployment-compensation-exclusion-faqs
I'm in that boat too.
When I reopen 2020 TT file, it shows me what my refund should have been (b/c it applied 'updates' to the software which seems like it messed up the file that was filed in a way. TT will now assume I got it. Hopefully one day that becomes true.) We filed 1 week too early in March for the new updates to have been applied.
Hopefully they will make good not that amount by the time 2021 taxes rolls around.
But I too am in that boat that hasn't come. (It was approx $500.)
It's so frustrating I filed my taxes early and I'm a single filer short form and still no unemployment refund? The tax transcript is useless and offers no info regarding this. I went back to work as soon as my state allowed but lost my job due to a serious illness so I need this $$ what's going on? Turbo tax has been saying for months it would update the info? Still waiting?
The IRS is recalculating refunds for people whose AGI is $150K or below and who filed before the tax law that changed the amount of unemployment that is taxable on a federal return became effective.
The IRS began to send out the additional refund checks for tax withheld from unemployment in May. The refunds are being sent out in batches—starting with the simplest returns first. If you are eligible for the extra refund for federal tax that was withheld from your unemployment the IRS will be sending you an additional refund sometime during the next several months.
TurboTax cannot track or predict when it will be sent. The IRS has not provided a way for you to track it, so all you can do is wait for the refund to arrive.
Please read this very recent news from the IRS:
(There is no such thing as a "short form" since 2017. Everyone uses a Form 1040)
What I meant was easy form sorry Jeez single filer no dependents? I wasn't looking to be corrected as far as using short form term? I did file early before the new law and I do make less than 150K and my answer is always the same ? Yet still no refund?
Sorry----only the IRS is in control. The IRS has not provided any way for that extra refund for unemployment to be tracked. TurboTax cannot find out for you. It's frustrating but all you can do is wait for the IRS. They are sending out the refunds in batches.
Sorry one more question? Turbo Tax if you look at my paperwork has changed my original return? It no longer shows my unemployment compensation and taxes I paid? It put my AGI without including my unemployment $ ? Is this causing the delay? Where's my original copy which shows my income including unemployment $ ?
We have no access to your account or your tax return. We cannot see it. Look at your Form 1040 and see what is shown on Schedule 1 lines 7 and 8.
https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing
Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.
The taxes you paid that were withheld from your unemployment should still be on 1040 line 25b.
Kathryn, I was in your boat too until about 2 weeks ago. Around Mid August, we finally got our check (which matched the update TT applied and showed me what they would have owed me.) I didn't do anything inside the TT s/w to get it to show what I was owed by them. It just happened to change from the original amount due to us as zero (b/c we had applied it all to this year's estimated taxes) to the amount due to us from paying UE taxes paid to Federal. The check came first, then a week later 2 letters saying the refund was on the way (one letter each... copies to my hubby vs me.)
When you reopened whatever you filed, did your refund amount go up as well?
Does anyone know if they announced whether or not UE taxes paid to us this year (2021) will also get a this same tax break? Will that relief be extended? My hubby also qualified for UE last year from June -August but they didn't pay him until March 2021. So we paid taxes on that, naturally, as we auto set it up that way.
@1099erGirl There have been no laws passed regarding the taxing of unemployment paid in 2021. That would require another act of Congress.
Hi, my 1099g shows I paid 1230.00 in unemployment taxes? That's sent separately from my w2?
No you don't necessarily get back the tax withholding from the 1099G unemployment. If your unemployment was over 10,200 the first 10,200 is tax exempt.
If you filed early before the exclusion, 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.
No way to track it. Just keep waiting. The IRS is sending them out in batches over the summer.
See IRS news July 13, 2021
Ty yes lol it show's I paid 1200.00 in federal! I already received my state $ I paid for unemployment!
What do you mean? Yes the passed a law saying unemployment benefits which normally are taxed won't be?
So its Sep.11th a d I received my federal refund in May but still no compensation for federal tax $ they took out on unemployment and I do qualify? Is there an address for the IRS because the tax transcript they sent me doesn't include any unemployment info and calling them is a waste of time? I think I've been more than patient ugh
@kathyryan28 We are aware that it is September. Several of us have already explained to you that the IRS is backlogged and that the unemployment refunds are being sent out in batches. Calling the IRS will not help you---they only answer a small percentage of their calls, and will not be able to tell you when your own unemployment refund is being sent. You are among many who are still waiting.
Again...
The IRS is recalculating refunds for people whose AGI is $150K or below and who filed before the tax law that changed the amount of unemployment that is taxable on a federal return became effective.
The IRS began to send out the additional refund checks for tax withheld from unemployment in May. The refunds are being sent out in batches—starting with the simplest returns first. If you are eligible for the extra refund for federal tax that was withheld from your unemployment the IRS will be sending you an additional refund sometime during the next several months. TurboTax cannot track or predict when it will be sent. The IRS has not provided a way for you to track it, so all you can do is wait for the refund to arrive.
Please read this news from the IRS:
But if you want to endure the aggravation of trying to call the IRS, go ahead and try.
To call the IRS:IRS: 800-829-1040 hours 7 AM - 7 PM local time Mon-Fri
Listen to each menu before making the selection.
First choose your language. Press 1 for English.
Then do NOT choose the first choice re: "Refund", or it will send you to an automated phone line.
Instead, press 2 for "personal income tax".
Then press 1 for "form, tax history, or payment".
Then press 3 "for all other questions."
Then press 2 "for all other questions." It should then transfer you to an agent.
As for an address to write to the IRS about it-----it is taking the IRS months to open mail and process mailed tax returns----they are not going to respond to a letter you write to ask about your refund.
@kathyryan28 ... I hadn't read this whole thread back to see what your earlier story may have been so forgive me if you already clarified this. You're sure you turned in taxes early March, before it was calculated automatically by TT? I filed just 4 days too early before the law changed but not sure when TT did that update to the s/w. So I had to wait for my refund which came in August. (And when TT updated their program it no longer showed zero tax refund due but rather an amount reflective of most of that money I paid to federal for UE but not to state b/c my state doesn't discount it. So I knew what to expect for a refund (and it was exact plus about $4 interest which they want tracked on 2021 taxes so I can pay tax on that $4 interest. LOL)
If you filed sometime after TT fixed the s/w, you would have already gotten it in your planned refund. (My original refund was zero b/c I let them keep my refund for estimated taxes, so it was super easy to spot the difference when suddenly it showed almost $500 due back to me.)
Still haven’t received mine . Filed in February got my return in March befor the rescue plan. The irs said don’t do anything just wait . Still nothing this is crazy