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Covid Relief Bill Unemployment Tax Changes - Already Filed
So, I am now seeing that there will be a $10,200 unemployment tax waiver/credit/deduction (I am unclear on which is the specific correct phrase) - If I was temporarily on unemployment but have already filed my 2020 taxes (and received my return) am I simply SOL?
Am I able to file an amended return through turbotax, and has turbotax already added/adjusted to account for this deduction/waiver? If I am understanding it correctly, because I had withholdings taken out of each unemployment check, this could actually increase my refund rather significantly, so I am hoping to get some answers here as I have been unable to find any elsewhere.
March 11, 2021
11:46 AM