Thank you so much for all of your feedback. I completely understand that the IRS has sent millions of people the refund they were due because of the timing of filing their taxes with the full unemployment amount before the Cares Act took effect. We unfortunately are just not one of those millions of people.
I have looked a million times to make sure that I did not mess something up and that we do absolutely meet ALL of the qualifications. And to be truthful, that is not what my concern is truly about. The original federal return that I e-filed via Turbo Tax did not have the adjustment on Part 1 line 8 for -10,200 marked with UEC. This was not sent to the IRS. I know that Turbo Tax made adjustments to the software and that the returns were refigured including that deduction on Part 1 line 8 resulting in the AGI that Turbo Tax shows for our 2020 amount. However, the IRS has not made that entry on the original return that was e-filed by me via Turbo Tax. Hence, not receiving the difference in the refund as of yet.
My question and concern is: what happens when we go to file our federal returns for 2021? Which AGI are we supposed to use, the adjusted AGI from Turbo Tax or the non-adjusted AGI that the IRS is showing? I have checked our transcripts about once a month on irs.gov and no change has been made. I may get the Christmas present of the century and they will adjust it before the end of the year, but I have no guarantee of that. I would like to know in advance what is recommended for us to do in the event that I don't receive that Christmas present of the century. I would prefer not to have my returns messed up for years to come because of this difference.
I hope that makes some bit of sense. And again, I truly appreciate your time and feedback. 🙂
