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New Member
posted Jun 3, 2021 5:17:49 PM

I filed my taxes before the new law went into affect about unemployment not getting taxed. Do I need to amend mine or just wait. I keep hearing different things

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1 Replies
Level 15
Jun 3, 2021 5:25:43 PM

There is no need to amend your tax return for the unemployment compensation exclusion.

The IRS has started issuing tax refunds for the exclusion for those that are eligible and will continue doing so throughout the summer.

Go to this IRS website for information - https://www.irs.gov/newsroom/irs-begins-correcting-tax-returns-for-unemployment-compensation-income-exclusion-periodic-payments-to-be-made-may-through-summer