@mack277 wrote:
Understandable. But wouldn't that mean I would have to amend my taxes to have that credit applied? Clearly, the changes probably won't take effect before April 15th. So if I owe and pay the irs now, they would have to refund me, right?
If you filed 2020 federal tax return and paid the taxes owed before the unemployment exclusion processes were finalized for the 2020 tax year, then you would file a 2020 amended return for the federal tax refund.
