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Level 2
March 21, 2021
Question

Where can we find the revised update American Rescue Plan update for Turbotax (1099-G), it is currently available on the IRS website but not TT? 10,200.00 per person

link from IRS

5 replies

VolvoGirl
Level 15
March 21, 2021

The online version was updated.  The Desktop has not been updated yet.  Go through your return again and check.  Have you filed yet?

cjcjAuthor
Level 2
March 21, 2021

VolvoGirl, I have not yet filed. Ty

DoninGA
Level 15
Level 15
March 21, 2021

It is on Schedule 1 of the federal tax return.

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

 

cjcjAuthor
Level 2
March 21, 2021

DoninGA thank you for the navigation.  Did you notice if the refund/owed amount (top, left of our TT account page) adjust before taxes are filed?  I have not filed, and played around with lowering the income level before the changes were made since 3/11/21 American Rescue Plan, which changed the amount refunded/owing. Now that that figure reflects the actual 1099-G doc again, and this form is updated, the amount stayed the same. TY! 

cjcjAuthor
Level 2
March 21, 2021

UPDATE, the form has updated and set accurate numbers now. Thank you again.