I filed last year before the bill was signed cutting unemployment taxes. A few months after I received a letter showing my new AGI (transcript) with an additional refund for the difference. My question is....do I use the original submitted return to start my taxes this year or use the numbers from the IRS letter? I've never had anything like this before so want to double check before I get going.
Thanks in advance for any assistance.
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As far as the federal return, you just use the figures from your original tax return. In other words, if you use the same account, you can just "rollover" your 2020 info without adjustments.
If you live in a state that has an income tax, and your state tax return was also adjusted, you may need to make some adjustments.
When I opened Turbotax, it pulled the updated info from the IRS. That's the only option I have now, it updated my original document.
The program automatically runs your return using current law. The program updated your information, it did not pull anything in. You may want to file using the original AGI and if that fails, try the updated AGI. Usually, the IRS uses the original return but last year was new territory for us all.
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