Rshill
Returning Member

After you file

Hello.  I am also confused about the changes.  I had read the IRS was supposed to automatically adjust your return to reflect the American Rescue Plan changes.  Here is a link with reference:

 

https://blog.turbotax.intuit.com/tax-news/am-i-eligible-for-the-new-unemployment-income-relief-49427...

 

  • If you already filed your 2020 tax return, you do not need to do anything to get these additional unemployment benefits. The IRS announced that they will automatically adjust your return and send any additional refund amount directly to you. However, some people may now be newly eligible for additional deductions and credits not already included on the original tax return. In these cases, you will likely want to amend your return to claim these additional dollars. Additional information on this is below.

 

But I just got my 2020 refund and the changes were not updated. 

 

Furthermore, I am scratching my head because when I go into TurboTax, it don't notify me I need to amend my return.  It just shows me a larger refund amount without identifying any changes.  I had to go back and look at my original submitted return to see the difference.  I originally thought they underpaid me.    

 

So I guess we'll have to file an amended return despite the guidance.

 

Good luck.

 

Side note.  We (family of four) never got our original stimulus and only got a partial second payment.  I had to claim them on our 02020 taxes.   I am still waiting on the third payment.