@Cbbutler07 @garpgump @NewYorkTaxpayer
The only current guidance from the IRS is the following.
"If you have already filed your 2020 Form 1040 or 1040-SR, you should not file an amended return at this time. The IRS will issue additional guidance as soon as possible."
At the following link on the IRS web site, this is the paragraph after the bulleted list (as of March 26).
New Exclusion of up to $10,200 of Unemployment Compensation
It does not say that they will automatically recalculate the tax return. All it says is that they will issue additional guidance as soon as possible. That's all we know right now.
