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New Member
posted Mar 27, 2021 7:46:15 AM

increased refund

I filed my returns on 3/22 and it was accepted overnight.  I opened Turbo Tax on 3/27 and multiple updates occurred.  Now my federal refund is about $300 higher.  This appears to be due to the Relief Act.  Will the IRS automatically adjust my return and give the higher refund or am I going to need to amend my taxes?

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1 Replies
Level 15
Mar 27, 2021 8:10:06 AM

Did you have a 1099-G for unemployment?

 

The $10,200 unemployment retroactive to 2020 was signed into law.

If you already filed - do not amend. See this:
https://ttlc.intuit.com/community/tax-topics/help/how-do-i-get-the-new-unemployment-benefits-if-i-ve-already-filed-my-taxes/00/2081053

https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021