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Ask the Experts All About the Refund! >> Event happening NOW!!!!
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Unemployment tax refund

Are they still processing unemployment tax refunds? We haven’t received anything.

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3 Replies

Unemployment tax refund

 

So far the IRS has issued over 8 million of those “extra” refunds for tax on unemployment.   The IRS has not announced when the next batch will be sent out, but they are still working on them.

 

 

 

The IRS is recalculating refunds for people whose AGI is $150K or below and who filed before the tax law that changed the amount of unemployment that is taxable on a federal return became effective.   

 

 

The IRS began to send out the additional refund checks for tax withheld from unemployment in May.  The refunds are being sent out in batches—starting with the simplest returns first.   If you are eligible for the extra refund for federal tax that was withheld from your unemployment the IRS will be sending you an additional refund sometime during the next several months.  TurboTax cannot track or predict when it will be sent.  The IRS has not provided a way for you to track it, so all you can do is wait for the refund to arrive.

 

https://ttlc.intuit.com/community/tax-topics/help/how-do-i-get-the-new-unemployment-benefits-if-i-ve...

 

 

Please read this news from the IRS:

 

 

https://www.irs.gov/newsroom/irs-continues-unemployment-compensation-adjustments-prepares-another-1-...

 

 

https://www.cnet.com/personal-finance/taxes/more-unemployment-tax-refunds-are-arriving-but-when-here...

**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.**
OpeA1
Employee Tax Expert

Unemployment tax refund

Hello Mom2isaneli:

 

Yes, as far as we know, the IRS is still processing the unemployment tax refunds -per Covid-19. Please see the following links

 https://www.irs.gov/newsroom/taxpayers-may-receive-a-refund-for-taxes-paid-on-2020-unemployment-comp... 

 

https://ttlc.intuit.com/community/adjusted-gross-income/help/how-do-i-get-the-new-unemployment-benef... 

 

Please give it a little more time. The IRS has a significant backlog.

Sorry it is taking so long, but it will come!

 

Thank you for using Turbo Tax!!

 

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rschule1
Expert Alumni

Unemployment tax refund

As advised, the IRS is still in process of sending out refunds. Hang in there.

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