The 3rd cover-19 stimulus bill would make $10200 of 2020 unemployment benefit tax free. should i wait to file my tax until turbotax adjust their calculation system?

[JRS7]

Yes, TurboTax update showed the higher refund amount but I had filed before the law changed. IRS said they would recalculate and don't amend your return. But they didn't and sent me the refund from the return I had filed. So I went back and amended my return and sent it to the IRS. And amended return has to be mailed.

[AmyC]

@JRS7   Exactly what the IRS said would happen, get your original refund. Please, please, do not send an amended return. The IRS announced long ago that they would begin correcting returns with unemployment in May and will send the refund for your adjusted amount then.

Please read IRS to recalculate taxes on unemployment benefits

[JRS7]

No. They sent the wrong refund in May. They sent in May my original TurboTax calculated refund before the UI exclusion became law.  They did not recalculate my refund based on the UI exclusion. Are you saying they will send an additional refund after recalculating? I highly doubt that so I amended. 

[Cynthiad66]

Yes.  IRS will recalculate and send the additional refund.  This is supposed to start in May.