@ethelwilliams20 wrote:
I have my transcript but it does not show me when I will get my unemployment tax what do that mean
The transcript will not have the unemployment compensation exclusion.
The IRS is calculating the tax refunds for the unemployment compensation exclusion for those that are eligible. The IRS started sending refunds in May and will continue the refunds in batches throughout the next several months.
Go to these IRS websites for information -
https://www.irs.gov/newsroom/irs-readies-nearly-4-million-refunds-for-unemployment-compensation-over...
https://www.irs.gov/newsroom/irs-begins-correcting-tax-returns-for-unemployment-compensation-income-...
https://www.irs.gov/newsroom/2020-unemployment-compensation-exclusion-faqs
