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Level 1
Apr 4, 2021 8:41 AM UTC
Solved

Over paid

I over paid the IRS by $1768.  I received unemployment but did not have the taxes taken out.  The beginning of March I paid $1926 to the IRS.  The new economic stimulus bill made the unemployment income nontaxable. Instead I should have paid $158.  How do I recover my over payment?  The IRS has issued a statement saying not to file an amended return.  https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021

    xmasbaby0Answer
    Level 15
    Apr 4, 2021 12:28 PM UTC

    Here is why you do NOT amend your return for unemployment:

    Please read this very recent news from the IRS:

     

    https://www.irs.gov/newsroom/irs-to-recalculate-taxes-on-unemployment-benefits-refunds-to-start-in-may

    **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.**

    1 reply

    xmasbaby0Level 15Answer
    Level 15
    Apr 4, 2021 12:28 PM UTC

    Here is why you do NOT amend your return for unemployment:

    Please read this very recent news from the IRS:

     

    https://www.irs.gov/newsroom/irs-to-recalculate-taxes-on-unemployment-benefits-refunds-to-start-in-may

    **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.**