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Level 1
posted Mar 14, 2021 1:26:02 PM

Unemployment

I just filed my taxes on TurboTax and did not know about the 10,200.00 not taxed unemployment. How do I get that credit?  Do I have to amend my 2020 taxes?

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1 Replies
Level 15
Mar 14, 2021 1:28:29 PM

https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/01/1393859#U1393859

 

 

 

You are among millions who have now been affected by a mid-tax season change in the tax law.  Patience will be necessary.

TurboTax will update the software for the unemployment but there is no timeline yet.

  If you have not e-filed yet—-wait.   And if you already e-filed and want to amend for this—WAIT.

 

Please read this very recent news from the IRS:

 

https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021