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If you entered unemployment compensation on your filed 2020 tax return before the exclusion was available the IRS will be calculating a tax refund for those that are eligible.

 

The IRS controls when the tax refund for the unemployment compensation exclusion is distributed.  The IRS sends the refunds in batches to those that are eligible starting in May and throughout the summer months.

Go to these IRS websites for information -

 

https://www.irs.gov/newsroom/irs-readies-nearly-4-million-refunds-for-unemployment-compensation-over...

 

https://www.irs.gov/newsroom/irs-sending-more-than-2-point-8-million-refunds-to-those-who-already-pa...

 

https://www.irs.gov/newsroom/irs-begins-correcting-tax-returns-for-unemployment-compensation-income-...

 

https://www.irs.gov/newsroom/2020-unemployment-compensation-exclusion-faqs