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Level 15
Level 15

After you file


@JonBattle wrote:

Does the newer version of TT must have revised or corrected tax rules.


Yes, TurboTax was revised in late March to implement the tax changes made by the American Rescue Plan Act, which was signed on March 11.

 


@JonBattle wrote:

Any reason I shouldn’t file an amended return?


Yes, there's a reason. You shouldn't file an amended return because the IRS says you shouldn't, unless the reduction of your AGI resulting from the unemployment exclusion makes you eligible for a credit or deduction that you were not eligible for on your original tax return. In any case, you should wait until you get the letter explaining why your refund was reduced, and until you get the additional refund for the unemployment exclusion. Once the dust settles, you will probably find that no amendment is needed.