- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Yes let us know how it works out. If they send you the adjusted refund before they process your amended return. Besides the small $5.92 deposit did you get the first original refund?
I've been seeing posts about the small amounts. We suppose it is for interest. But interest on what? A 2020 refund or I think on a 2019 refund.
Did you see this one? If you have filed. The IRS will recalculate your return for the new unemployment exemption for you. There is no need for taxpayers to file an amended return unless the calculations make the taxpayer newly eligible for additional federal credits and deductions not already included on the original tax return.
https://www.irs.gov/newsroom/irs-to-recalculate-taxes-on-unemployment-benefits-refunds-to-start-in-m...