The IRS started issuing the tax refund for the unemployment compensation exclusion in May and will continue sending the refunds throughout the summer months.
My question is how do we know WHEN we need to amend our returns or will the IRS fix ALL of our tax forms.. I'm sitting here in agony debating what step do I take. Amend or wait.
The IRS began to send out the additional refund checks for tax withheld from unemployment in May. If you are eligible for the extra refund for federal tax that was withheld from your unemployment the IRS will be sending you an additional refund sometime during the next several months.TurboTax cannot track or predict when it will be sent.The IRS has not provided a way for you to track it, so all you can do is wait for the refund to arrive.
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