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Level 2

Solved

Refund has changed after return filed and accepted

Forum|Forum|5 years ago
April 11, 2021
1 reply
0 views

I logged back into turbo tax after filing my return and it now displays a much larger refund. How can this change after I have already filed my return and gotten my refund?

TurboTax Home & Biz Windows

Best answer by VolvoGirl

Did you enter any unemployment? There was a change for that. You can exclude up to 10,200 of unemployment. The IRS will recalculate your return for the new unemployment exemption if you already filed
https://www.irs.gov/newsroom/irs-to-recalculate-taxes-on-unemployment-benefits-refunds-to-start-in-may

VolvoGirlAnswer

Level 15

Did you enter any unemployment? There was a change for that. You can exclude up to 10,200 of unemployment. The IRS will recalculate your return for the new unemployment exemption if you already filed
https://www.irs.gov/newsroom/irs-to-recalculate-taxes-on-unemployment-benefits-refunds-to-start-in-may

Level 2

Thank you for that information. Yes, I did report unemployment for last year. Thank you for that link to the IRS website. After reading that post, it looks like the IRS will adjust our return and send us he additional refund without us having to amend our return. Thanks so much for responding to my post. I had no idea about that exemption.