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cwerbylo
New Member

I filed and paid my 202 federal and state taxes on Feb 27. Since then the government said we do not have to claim out unemployment com as income. Thus, I overpaid taxes owed on the federal and NC form. Need guidance on how to proceed.

 
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3 Replies
DianeW777
Employee Tax Expert

I filed and paid my 202 federal and state taxes on Feb 27. Since then the government said we do not have to claim out unemployment com as income. Thus, I overpaid taxes owed on the federal and NC form. Need guidance on how to proceed.

Do NOT amend your tax return for the new unemployment exclusion. With this new law, if your household income is less than $150,000, the first $10,200 of unemployment will be tax-free, but any amount you receive above that will be taxed.

 

The IRS has announced that they will include this change and adjust your return accordingly and do NOT want taxpayers to send in an amended return. It will take unusually extended timeframes for this to occur.

You must wait for them to complete the task, and then they should issue the refunds.  You may have to review NC rules on their direction.

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cwerbylo
New Member

I filed and paid my 202 federal and state taxes on Feb 27. Since then the government said we do not have to claim out unemployment com as income. Thus, I overpaid taxes owed on the federal and NC form. Need guidance on how to proceed.

So the IRS will refund a part of whatever I sent in on Feb27th?

AmyC
Employee Tax Expert

I filed and paid my 202 federal and state taxes on Feb 27. Since then the government said we do not have to claim out unemployment com as income. Thus, I overpaid taxes owed on the federal and NC form. Need guidance on how to proceed.

Yes, the IRS will begin processing those in the spring and summer.

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