The IRS is still saying to wait which was updated this month, however they are now saying that if you DO file an amended 2020 return, that won't delay anything.
With this new information, you might consider filing an amended 2020 ax return.
According to the IRS:
"Q2. What if I know I'll be entitled to a credit or deduction that wasn't claimed on my tax return? Should I file an amended return? (updated March 23, 2022)
A2. It depends. If you are eligible to exclude up to $10,200 in unemployment compensation and the exclusion makes you eligible for a credit or deduction not claimed on your original return, you should file an amended return to claim the credit or deduction. You can file this amended return electronically if the original return was filed electronically. See Form 1040-X, Amended U.S. Individual Income Tax Return for additional information. Exceptions: • If you are eligible to exclude up to $10,200 in unemployment compensation, you do not need to file an amended return to claim the Recovery Rebate Credit or the Earned Income Tax Credit with no qualifying children, even if it wasn’t claimed on your return. If you are now eligible for these credits when the unemployment exclusion is applied, the IRS will calculate the credit for you and include them in any applicable overpayment. • You should not file an amended return to claim the Additional Child Tax Credit (ACTC) or Earned Income Tax Credit (EITC) if you reply to a CP08 or CP09 notice stating you may be eligible for one of these credits and you are not requesting any other changes be made to your 2020 tax return. If you received one of these notices, see FAQ Why did I receive an IRS CP08 notice saying I may be eligible for the Additional Child Tax Credit? and FAQ Why did I receive an IRS CP09 notice saying I may be eligible for the Earned Income Credit? The IRS will adjust the credits already claimed on your return that are impacted by the exclusion. Example: You didn't claim the EITC or ACTC for your qualifying children on your 2020 tax return because your AGI was too high. Because the unemployment compensation exclusion reduced your AGI, you're now eligible for an EITC or ACTC, but did not receive the credit after your unemployment compensation exclusion was applied. In this case, you need to either (1) reply to a CP08 or a CP09 notice if you received it or (2) file an amended return including a Schedule EIC to claim the EITC, Schedule 8812 to claim ACTC, and any other credits (other than the Recovery Rebate Credit or the Earned Income Tax Credit with no qualifying children) not claimed on your original return. If, instead, you claimed $50 in EITC on your 2020 tax return, don't file a Form 1040-X solely to change the EITC amount. The amount of this and other credits that you claimed on the original return will automatically be adjusted by the IRS when we apply the exclusion.
Q3. I already filed an amended return (Form 1040-X) to claim the unemployment compensation exclusion, will this cause any issues or delay my refund? (added April 29, 2021)
A3. No. The IRS can identify a duplicate claim or mixed adjustment scenarios. If the Form 1040-X has changes other than unemployment compensation exclusion, only the part of the claim that was not adjusted when we applied the exclusion will be considered after we apply the exclusion. Filing a Form 1040-X won't increase the time it takes the IRS to make the automatic correction or reduce the time it takes to process your automatic correction."
IRS Source
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