In the new 2021 stimulus pkg, unemployment benefit payments up to $10,200 will not be taxable. Can I file an amended return to include this?

vjowhite · ‎March 8, 2021

xmasbaby0 · ‎March 8, 2021

That tax law has not yet been signed into law by the President. When that happens then the IRS will need to change the tax forms, the programmers have to change the software, and then the IRS has to approve of their software. That will take time---we do not know yet when all of those changes will be accomplished. As soon as more is known, TurboTax will provide information. The software changes will take weeks or even several months.

**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.**

vjowhite · ‎June 11, 2021

I just received a direct deposit into my checking account with the explanation :

IRS TREAS 310 TAX REF PPD

Is this the refund for the taxes I paid in 2020 on my unemployment benefits? If so, will I ever receive any paperwork explaining this?

VolvoGirl · ‎June 11, 2021

Yes it could be. That is the description for IRS refunds. Don't know if they are sending out a letter explaining the calculation.

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In the new 2021 stimulus pkg, unemployment benefit payments up to $10,200 will not be taxable. Can I file an amended return to include this?