turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

I Received a letter to amend due to unemployment. But idk the info needed or if I need any additional info.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies

I Received a letter to amend due to unemployment. But idk the info needed or if I need any additional info.

The turbotax email/letter was misleading.

You can wait because IRS is going to adjust your refund for you , in the future.

ColeenD3
Expert Alumni

I Received a letter to amend due to unemployment. But idk the info needed or if I need any additional info.

If you have already filed your 2020 Form 1040 or 1040-SR, there is no need to file an amended return (Form 1040-X) to figure the amount of unemployment compensation to exclude. The IRS will refigure your taxes using the excluded unemployment compensation amount and adjust your account accordingly. The IRS will send any refund amount directly to you.

 

Unemployment

I Received a letter to amend due to unemployment. But idk the info needed or if I need any additional info.

Thank you for the response. But it also says that different states have different requirements. And for Missouri they need me to amend they will not do it automatically. 

I Received a letter to amend due to unemployment. But idk the info needed or if I need any additional info.

You generally do not need to amend for Federal.

 

However, taxpayers would have to file an amended return if they did not originally claim the EITC or other credits, but now are eligible because the [unemployment comp] exclusion changed their income.  These taxpayers may want to review their state tax returns as well.

IRS to recalculate taxes on unemployment benefits; refunds to start in May | Internal Revenue Servic...

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question