In a previous question I asked about the refund that I will be receiving after the IRS recalculates my return. According to my calculations on paper, my refund should be much higher than what is showing on my updated tax summary in TurboTax. It seems that my EITC is not being adjusted to a higher amount due to the drop in my income.
According to the reports that I am seeing, I should not be required to file an amended return to get the increase in the EITC due to my income dropping from the unemployment exemption. But I'm also seeing reports that changes in EITC due to the unemployment will require an amended return in order to get it.
I filed my return using TT and claimed the EITC prior to the unemployment exemption taking effect. Will the IRS recalculate the EITC prior to sending out the updated refunds, or will an amended return be necessary to get the difference in EITC?
