I forgot to credit first $10,200 of unemployment w...
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ssbuddy0112
New Member

I forgot to credit first $10,200 of unemployment which would have helped us. When can I amend my taxes ? I already filed and paid IRS

 
2 Replies
xmasbaby0
Level 15

I forgot to credit first $10,200 of unemployment which would have helped us. When can I amend my taxes ? I already filed and paid IRS

Here is why you do NOT amend your return for unemployment:

Please read this very recent news from the IRS:

 

https://www.irs.gov/newsroom/irs-to-recalculate-taxes-on-unemployment-benefits-refunds-to-start-in-m...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
DoninGA
Level 15

I forgot to credit first $10,200 of unemployment which would have helped us. When can I amend my taxes ? I already filed and paid IRS

The IRS will handle the exclusion for the unemployment compensation since you filed before the exclusion was available.

Go to this IRS website for information - https://www.irs.gov/newsroom/irs-to-recalculate-taxes-on-unemployment-benefits-refunds-to-start-in-m...

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