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Should I file an amended return due to a corrected 1099 Unemployment form?
I recently received a corrected 1099-B form from my State unemployment office with a correction of slightly over $2000 in additional unemployment income that I did not have taxes withheld on. I understand that we are supposed to hold off on filing or claiming the $10,200 relief credit - however this is money in addition to already being over that number in unemployment income for the year. Should I amend now to adjust this number, or still hold off until further guidance comes in regards to unemployment relief?
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March 27, 2021
9:38 AM