If I made $26,000 with 2 kids and $15,924 of it unemployment; do I need to file an amended return to get a higher credit or the federal unemployment tax break of $10,200?
Would I qualify for a higher tax credit of some kind and increase my return?
02280
2 Replies
DoninGA
Level 15
Jun 7, 2021 5:23:10 AM
No you do not need to file an amended tax return for the unemployment compensation exclusion tax refund.
The IRS will be sending the tax refunds for the exclusion, starting in May and then throughout the summer for all those who are eligible.