Thank you very much for the reply and information. I read the advice regarding amendments & the new unemployment deduction from IRS, TurboTax & other news sources. The advise is to not file an amendment if you ONLY want to get the deduction. Per my original post, I want to also 1) not pay the underpayment penalty (I'm not convinced the IRS will hand this back to me) and 2) avoid paying in April when taxes are now due in May.
Per my original post, I am not getting a refund before or after the new deduction. I am simply paying less after the deduction. It is better if I do not pay a larger amount in April then wait for the IRS to 'refund' me the difference in May. It would be better to simply pay a smaller amount in May when my payment is now due.
However, my bigger problem and what I see as an error in the TurboTax software, is TurboTax is assuming I have filed my state taxes - which I have not. If I print my current state taxes for filing, TurboTax is send an amended return to my state when I have NOT filed or paid my state taxes.
When I started the amendment process with TurboTax, I saw this problem, so I did NOT save the file when I exited the TurboTax software. However, TurboTax must have saved that I was attempting an amendment because that is what my current file indicates.
Is there any way to 'undo' a started amendment so that I can file my state taxes with the unemployment deduction withOUT the amendment forms.
