I entered Turbo Tax after filing and the refund amount has changed. It appears that there now an amount of unemployment that is not taxable. The answer to a similar question said the IRS would automatically do the adjustment but that did not happen in my case. Do I need to file an amended return to get the balance of the refund due me?
Here is why you do NOT amend your return for unemployment:
Please read this very recent news from the IRS:
The IRS has not even started with the unemployment compensation recalculations based on the exclusion. Do not amend your tax return for the exclusion.
Go to this IRS website for information - https://www.irs.gov/newsroom/irs-to-recalculate-taxes-on-unemployment-benefits-refunds-to-start-in-m...