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Should I amend to use my 2019's earned income, despite waiting for the IRS toe adjust my unemployment tax?
Hello! I did my taxes in early Feb, and I got my refund pretty quickly. This year I didn't get much because I was getting unemployment insurance. After applying I was informed that you could use 2019's earned income to adjust my credits, however, I was advised to wait for the IRS at the time because I wasn't being allowed to amend and the IRS was adjusting people for the unemployment tax break. Now I am still waiting for the IRS to adjust the unemployment tax break/credits, however, I was wondering If I should wait for the IRS to adjust the unemployment tax break FIRST before amending and using 2019's earned income, or can I amend and adjust to change to my 2019's earned income and then the IRS adjusting when they do? Please help!
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May 2, 2021
12:16 PM