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After you file
@jgor43 wrote:
IRS accepted the return and I know that the next step is now to amend the return. WHen will I be able to amend it as turbo tax is telling me that they or the IRS has not enabled amending of 2020 returns yet. PS there is no refund the mistake resulted in them needing even more money; when in fact they will owe me money when the amended return can be processed. Still don't have an answer from turbo tax when a 2020 return can be amended.
The 2020 federal amended tax return, Form 1040-X, is available on all TurboTax editions, online or desktop.
However, if you try and amend for the unemployment compensation exclusion it will not be allowed until the IRS has issued further guidance on how the IRS is going to handle the exclusion on tax returns already filed.