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When should we expect the credit from the tax break on unemployment if we filed in February
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When should we expect the credit from the tax break on unemployment if we filed in February
The IRS began to send out the additional refund checks for tax withheld from unemployment in May. 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.
Please read this very recent news from the IRS:
https://www.irs.gov/newsroom/2020-unemployment-compensation-exclusion-faqs
**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.**
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When should we expect the credit from the tax break on unemployment if we filed in February
Initially, the IRS said it could take all summer. we have no way of knowing if the IRS has managed to keep to that timetable.
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