So I checked my tax return two weeks ago, and they were amended to where I would receive a refund since the unemployment tax break. (I did not make over 75k and not even close) but now, I just checked and it has reverted back to my tax info from when I submitted in February when I owed taxes because of not having the tax break. What it is going on?
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Apparently Turbo Tax put the returns back to the original way they were filed. Which is probably a good thing. It won't affect anything or mess up your return at the IRS.
How is it a good thing if I now owe taxes again??
The IRS will still adjust your return. Turbo Tax is just keeping your original return which you will need to transfer into next year. This is just in your Turbo Tax Account. When Turbo Tax updated your return before it was just in Turbo Tax, it wasn't sent to the IRS. It was only for your info.
See new IRS article May 14, 2021
I’m sketched out about it; should an call irs or TurboTax?
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