- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
After you file
I filed in early March. I received both State and Federal refunds already. However, I need to amend because these new calculations will allow me to have extra benefits. We have 1099-G involved in our return (my wife and I). I know I cannot amend right now because of the unemployment issue, however when I go to amend, my federal amount is larger than the original amount. Why? I ask this because our MAGI will be $150,013 after the unemployment exclusion. So technically I will not be eligible for anything until I amend and put $100 into my tradition IRA to drop our MAGI to $149,013.
‎April 7, 2021
10:15 AM