Unemployment Tax Refund

[iowakittens]

I still haven’t received my unemployment refund for the taxes I paid in 2020. I filed before the new law was passed. Is the IRS still sending out payments?

[GeorgeDenseff]

To see if you will be getting a refund and how much, start an amend in TurboTax.  It will show what to expect to get.  Do not file the amend, just use it to see the amount that you overpaid.

All unemployment refunds were to be finished by September 22.  The last I heard from an IRS employee is that the new deadline is December 22.  

[LJane29]

Hi GerogeD

You should have received an email from TurboTax either recommending to file an amendment or to wait for the IRS to amend for you.  The processing time is about the same at this point.  If the only adjustment you needed was for the unemployment exclusion then the IRS will process it.

[xmasbaby0]

So far the IRS has issued over 8 million of those “extra” refunds for tax on unemployment.   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...

Please read this news from the IRS:

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

https://www.cnet.com/personal-finance/taxes/more-unemployment-tax-refunds-are-arriving-but-when-here...