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Unemployment forgiveness & tax credits
We've already uploaded our 2020 tax return and it was accepted prior to the changes made in March regarding unemployment. This affects our return greatly with taxes owed, ACA credit, EIC credit and child care credit. Will the IRS pick up on all of this when they review the prior submitted tax returns starting in May or do we need to do an amendment to get these corrected? Thank you in advance for your time and guidance.
‎April 5, 2021
12:31 PM