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Get your taxes done using TurboTax
@Irene2805Thanks. I know it's not time to amend and IRS says there won't be any need because they will recompute the return and send out the additional refund. But TT needs to start figuring out now how one will be able to amend the recomputed IRS return if one originally e-filed with TT. Here's a concrete example: IRS recomputes the return and sends out another refund but doesn't add the Savers Credit to the return for which the same taxpayer is now eligible because of the reduction in AGI from the unemployment provision. So how can one then go on TT and amend the IRS recomputed return (which will be different from what TT has in memory) and also at the same time amend the state return. That's the guidance we will be needing from TT.
March 19, 2021
11:35 AM