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posted Mar 21, 2021 9:00:45 PM

I filed the tax return with unemployment benefits before the IRS posted new exclusion up to $10200 released on March 16th. Should I amend my tax return? Please advice

In my case, if excluded 10200 from my earning, It will help me a lot. Is it possible to amend my tax return?

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1 Replies
Level 4
Mar 21, 2021 9:24:46 PM

The IRS has asked that you DO NOT amend taxes if you already filed your return. They are hoping to automatically adjust and issue payments to those who would be owed more due to this.