Unemployment refund

[AMarshall_1183]

I've taken every step needed in order to create an account online to view my tax transcript yet I'm still highly confused...is there any way to find definite answers regarding when I will receive my unemployment IRS refund?

[ismailm615]

Hello @AMarshall_1183 

Unfortunately, the last updated information from the IRS regarding unemployment compensation adjustments is back in July 28, 2021. 

I recommend to check whether you need to amend your 2020 return or not.  Per the IRS link below, in certain cases an amended return is needed to get the correct adjustment to your refund.  

"Taxpayers should file an amended return if they:

• did not submit a Schedule 8812 with the original return to claim the Additional Child Tax Credit and are now eligible for the credit after the unemployment compensation exclusion;
• did not submit a Schedule EIC with the original return to claim the Earned Income Tax Credit (with qualifying dependents) and are now eligible for the credit after the unemployment compensation exclusion;
• are now eligible for any other credits and/or deductions not mentioned below. Make sure to include any required forms or schedules."

https://www.irs.gov/newsroom/irs-continues-unemployment-compensation-adjustments-prepares-another-1-...

As for getting a transcript from the IRS for your 2020 return, the IRS Get Transcript FAQs below may help with your questions. In Question 4 there is a phone # listed to get a transcript by mail in case you are having difficulties with getting one online. 

https://www.irs.gov/individuals/get-transcript-faqs

[kdevere]

The IRS is processing the unemployment refunds in batches.  They began with single filers without dependents and then moved to MFJ simple returns.  The IRS started with the simplest tax returns and is now reviewing more complex returns. 

If you haven't received your refund to date, unfortunately there is no tool to track it as with other refunds from the IRS.  You may request a tax transcript as you have already done, but if it hasn't been posted or processed by the IRS, the tax transcript will not reflect the refund.

You can review your tax return to determine if you are eligible for a refund, i.e. was tax withheld from the payments or did the income result in additional tax due depending on the income bracket or tax bracket you are in.  Additionally, verify you meet the requirements set by the IRS to be eligible as explained in this link.

https://www.irs.gov/newsroom/tax-treatment-of-unemployment-compensation