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Naggers
Level 1

Revised Tax Code after filing my taxes

Hi everyone, hoping to get some guidance.

 

I filed my 2020 taxes and at the time of filing Turbo Tax calculated that I owed a certain amount. I still had a few months before having to pay my taxes to the IRS so I waited. Later a new tax law was implemented before the tax deadline date and so when I went back to Turbo Tax to take a look at my return it had recalculated based on the new tax law and showed that I owed much less.

So, I ended paying the IRS the lower amount and now they are requesting the original higher amount, totally disregarding the new tax law.

My question is, am I obligated to pay the higher amount because I filed my taxes prior to the new tax law even though the new tax law was implemented before the tax deadline date? And if so, will I get that money back on my 2021 tax return? Thanks

1 Best answer

Accepted Solutions
xmasbaby0
Level 15

Revised Tax Code after filing my taxes

We are starting to see a lot of questions like yours.   Since you prepared your tax return and filed before the tax law changed for the tax on unemployment, you owed tax due and then learned you should not owe so much or might even get a refund---so you did not pay your tax due by the May 17 deadline.   Now the IRS computers are churning out notices to people who did not pay their tax due.

 

Eventually---sometime during the summer--- the IRS will recalculate the amounts of tax due or refunds for people whose returns were filed before the law changed----but it may take a few more months.

 

Call the number on the notice you received from the IRS----it will probably be hard to get through---but be tenacious.

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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2 Replies
xmasbaby0
Level 15

Revised Tax Code after filing my taxes

We are starting to see a lot of questions like yours.   Since you prepared your tax return and filed before the tax law changed for the tax on unemployment, you owed tax due and then learned you should not owe so much or might even get a refund---so you did not pay your tax due by the May 17 deadline.   Now the IRS computers are churning out notices to people who did not pay their tax due.

 

Eventually---sometime during the summer--- the IRS will recalculate the amounts of tax due or refunds for people whose returns were filed before the law changed----but it may take a few more months.

 

Call the number on the notice you received from the IRS----it will probably be hard to get through---but be tenacious.

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

View solution in original post

Naggers
Level 1

Revised Tax Code after filing my taxes

Thanks for the response. I have been trying to contact them and have found it difficult but I will keep trying.

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