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Filed my return before Unemployment Compensation was changed to non-taxable - didn't get an adjustment

I e-filed my 2020 return on 3/30/2021 and a TurboTax update has now increased my Federal Refund amount by $835, which is the amount originally reported on 1040 line 17.  The update leaves that line blank now. 

 

This amount comes from Part 1 of Schedule 2, which is Additional Taxes. Originally, my eFile had $835 on Line 2 and 3 of Schedule 2, which is "Excess advance premium tax credit repayment. Attach Form 8962." The update makes Part 1 blank entirely.

 

Form 8962 shows the $835 as an amount reported in 1095-A for Health Insurance Marketplace Statement.

 

This change in tax policy changes my tax return from $2,766, which I received 4/7/21, to $3,601 in the Federal Return value in the Turbo Tax 2020 app.

 

I noticed the TurboTax Instructions page didn't change the Federal Return value, which shows Amount to be Refunded still as $2,766.00.


It's now November and was told I should expect to see the additional $835.00 during the summer.  

 

Are there additional steps I can take to learn the status of my adjustment?

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Filed my return before Unemployment Compensation was changed to non-taxable - didn't get an adjustment

Go to this IRS website for information for the unemployment compensation tax refund - https://www.irs.gov/newsroom/irs-issues-another-430000-refunds-for-adjustments-related-to-unemployme...

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2 Replies

Filed my return before Unemployment Compensation was changed to non-taxable - didn't get an adjustment

Go to this IRS website for information for the unemployment compensation tax refund - https://www.irs.gov/newsroom/irs-issues-another-430000-refunds-for-adjustments-related-to-unemployme...

Filed my return before Unemployment Compensation was changed to non-taxable - didn't get an adjustment

Excellent. Thanks for the link to updated info.

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