Is there anyway to track the unemployment refund? My transcripts are not updated, but my tax file is with TurboTax. Has anyone started to receive it yet?

The good news is the the IRS has reviewed the first round of Unemployment Calculation Exclusion (UCE)  for about 21,000 filers. 

 

The bill makes the first $10,200 of federal unemployment income ($20,400 for married filing jointly) tax-free for households with income less than $150,000. The legislation excludes only 2020 federal unemployment benefits from taxes, not unemployment income received in 2021.

 

• If you already filed your 2020 tax return, you do not need to do anything to get these additional unemployment benefits. The IRS announced that they will automatically adjust your return and send any additional refund amount directly to you. However, some people may now be newly eligible for additional deductions and credits not already included on the original tax return. In these cases, you will likely want to amend your return to claim these additional dollars. Additional information on this is below.

-follow this link for additional information-

Unemployment Stimulus: Am I Eligible for the New ...

 

@RayW7  is there anyway to tell if I am one of 21,000 reviewed? 

I am not aware of any refund tracking other than Where's My Refund? - Internal Revenue Service for the Unemployment Exclusion. Hopefully, the first round of reimbursements will be paid this month. 

 

Per the link in our previous conversation.

According to the IRS, they will send payments in two phases:

• Phase 1: The IRS will adjust returns for taxpayers eligible for up to $10,200 exclusion. Payments for phase 1 are expected to start in May.
• Phase 2: The IRS will adjust returns for those married filing jointly taxpayers who are eligible for the up to $20,400 exclusion and others with more complex returns. No specific timing has been given for phase 2 payments.