Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
kathyryan28
Level 3

I just read we needed to file an amended report to claim unemployment tax $ owed to me? I thought I didn't have to do anything even though I filed before new rule?

 
3 Replies
DoninGA
Level 15

I just read we needed to file an amended report to claim unemployment tax $ owed to me? I thought I didn't have to do anything even though I filed before new rule?

No, you do not need to file an amended tax return.

 

If you filed your tax return with unemployment compensation entered and it was filed before the exclusion was effective,  the IRS is calculating the tax refund for the exclusion which is a separate tax refund.

The IRS started sending refunds in May for those that were eligible based on the unemployment compensation exclusion.  The IRS will continue sending refunds in batches for the next several months.

Go to these IRS websites for information - 

 

https://www.irs.gov/newsroom/irs-sending-more-than-2-point-8-million-refunds-to-those-who-already-pa...

 

https://www.irs.gov/newsroom/irs-begins-correcting-tax-returns-for-unemployment-compensation-income-...

 

https://www.irs.gov/newsroom/2020-unemployment-compensation-exclusion-faqs

Mike9241
Level 15

I just read we needed to file an amended report to claim unemployment tax $ owed to me? I thought I didn't have to do anything even though I filed before new rule?

you may have to file an amended return for your state if it has an income tax, see this TT article.

https://ttlc.intuit.com/community/state-taxes/help/do-i-need-to-amend-my-state-return/01/2134732 

 

kathyryan28
Level 3

I just read we needed to file an amended report to claim unemployment tax $ owed to me? I thought I didn't have to do anything even though I filed before new rule?

Ty! I received a refund for taxes I paid in unemployment from my state but still nothing from federal? Very frustrating! When I do what Turbotax suggests it says sorry this function isn't available yet? I give up!

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.49m
Members

2.62m
Discussions

Manage cookies
v