turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

ToddL99
Expert Alumni

When the President signs the new Covid Bill it will forgive the first $10,200 of unemployment. Will TurboTax automatically update my return if I haven't filed yet?

We’re working hard to keep TurboTax up to date with the latest tax changes based on instructions we receive from the IRS. 

 

To get updates on our progress, go to one of the following links to sign-up:

 

For customers who have already filed: How do I get the new unemployment benefits if I’ve already filed my taxes? 

 

For customers who have not yet filedHow do I claim the new unemployment benefits in TurboTax? 

When the President signs the new Covid Bill it will forgive the first $10,200 of unemployment. Will TurboTax automatically update my return if I haven't filed yet?

my turbo tax is still taxing unemployment. How do I get to not tax it.

LindseyLO
Intuit Alumni

When the President signs the new Covid Bill it will forgive the first $10,200 of unemployment. Will TurboTax automatically update my return if I haven't filed yet?

A Guide to Unemployment and taxes has been provided for you by clicking here. This will guide you through and explain how to file.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
rander12a
New Member

When the President signs the new Covid Bill it will forgive the first $10,200 of unemployment. Will TurboTax automatically update my return if I haven't filed yet?

As of 8:03 PM my Turbo Tax has still not updated!  Any reasons Why? 

When the President signs the new Covid Bill it will forgive the first $10,200 of unemployment. Will TurboTax automatically update my return if I haven't filed yet?

The online version are updated the weekly desktop update is scheduled for Thursday 3/25 late afternoon.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
VPBooks
New Member

When the President signs the new Covid Bill it will forgive the first $10,200 of unemployment. Will TurboTax automatically update my return if I haven't filed yet?

Not a good answer. Sounds like skirting the question of when the desktop version will update.

 

VPBooks
New Member

When the President signs the new Covid Bill it will forgive the first $10,200 of unemployment. Will TurboTax automatically update my return if I haven't filed yet?

Then how is it the online version and H & R Block are updated?

 

lmgoree
New Member

When the President signs the new Covid Bill it will forgive the first $10,200 of unemployment. Will TurboTax automatically update my return if I haven't filed yet?

So I have the software on my computer and my mother has the Turbotax software on hers. We both file taxes for people and hers has already updated. So I am just a little confused on how some would and others wouldn't.

JeffreyR77
Expert Alumni

When the President signs the new Covid Bill it will forgive the first $10,200 of unemployment. Will TurboTax automatically update my return if I haven't filed yet?

Both TurboTax online and Desktop should now be updated to guide you on the current Federal unemployment tax law.  If your state is not yet updated, the program should prompt you on the necessary action you need to take.

1sbrgrl61
New Member

When the President signs the new Covid Bill it will forgive the first $10,200 of unemployment. Will TurboTax automatically update my return if I haven't filed yet?

How long should we wait it's been  7 months and it is almost tax preparation for the next year now!!!!!  Where is my money you took from me ... I've used tourney for years and this... A couple hundred may not seen like a lot to you but to me I only make $30,000 and less... And it matters

When the President signs the new Covid Bill it will forgive the first $10,200 of unemployment. Will TurboTax automatically update my return if I haven't filed yet?

@1sbrgrl61 Your question is not clear.   Are you still waiting for your 2020 income tax refund or are you asking about the "extra" refund for unemployment that was taxed if you filed before the tax law changed?   You have a question in another thread but that question was also confusing and mentioned an "apartment"---which did not make sense.

 

 

If you are asking about the unemployment refund:

 

The most recent batch of unemployment refunds went out in late July 2021.   The IRS has not announced when the next batch will be sent out, but they are still working on them.

 

 

 

The IRS is recalculating refunds for people whose AGI is $150K or below and who filed before the tax law that changed the amount of unemployment that is taxable on a federal return became effective.   

 

 

The IRS began to send out the additional refund checks for tax withheld from unemployment in May.  The refunds are being sent out in batches—starting with the simplest returns first.   If you are eligible for the extra refund for federal tax that was withheld from your unemployment the IRS will be sending you an additional refund sometime during the next several months.  TurboTax cannot track or predict when it will be sent.  The IRS has not provided a way for you to track it, so all you can do is wait for the refund to arrive.

 

https://ttlc.intuit.com/community/tax-topics/help/how-do-i-get-the-new-unemployment-benefits-if-i-ve...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question