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This is a tax advice forum. We can't see your tax return but if you filed your income tax return before the unemployment tax break was enacted, yes, that's probably why you have a different refund amount. Print out a copy of your current tax return and compare it with your initial return to see the difference(s).
Thank you for the quick response!
Yes accurate I did do taxes prior to bill.
Is the difference my overpayment? And will that be direct deposit like the first refund.
Thank you again
Yes, if you received two different refund amounts, then it is likely the difference was your overpayment due to unemployment.
If you already filed and didn't get the 10,200 unemployment exclusion you do not need to amend. The IRS will be adjusting it for you. See,
https://www.irs.gov/newsroom/irs-to-recalculate-taxes-on-unemployment-benefits-refunds-to-start-in-m...
Would I subtract one from the other to know amount I'm still accepted to receive or is second amount the total overpayment?
Thank you again
Would I subtract one from the other to know amount I'm still accepted to receive or is second amount the total overpayment?
Thank you again
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