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After you file
Did you receive unemployment in 2020? Most of the changes in the new tax law are for your 2021 return that you will prepare next year. But 2020 is affected by unemployment.
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.
**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.**
March 13, 2021
8:55 AM