@imh5023 wrote:
That does not make sense or follow what I have been told. The IRS and TurboTax said not to file an amendment and that they would make the adjustments. I was able to pull up a copy of the adjustment on TurboTax but now I cannot. There must be a way to pull it up and show the adjustment.
What you were told is correct. You do not need to file an amended tax return for the unemployment compensation exclusion. The IRS will calculate the tax refund based on the exclusion and send you refund if you are eligible.
TurboTax initially changed the filed tax return to show the exclusion then backed that off since the original 2020 AGI must be used to e-file the 2021 tax return next year.
