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.

ldily4
New Member

With the unemployment not being taxed up to 10,200. Do you get back what you payed into federal for unemployment (already did taxes)? do you get your state back to?

 
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.

2 Replies

With the unemployment not being taxed up to 10,200. Do you get back what you payed into federal for unemployment (already did taxes)? do you get your state back to?

 

https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/01/1393859...

 

You are among millions who have now been affected by a mid-tax season change in the tax law.  Patience will be necessary.

TurboTax will update the software for the unemployment but there is no timeline yet.

  If you have not e-filed yet—-wait.   And if you already e-filed and want to amend for this—WAIT.

 

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

 

 

Please read this very recent news from the IRS:

 

https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021

**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.**

With the unemployment not being taxed up to 10,200. Do you get back what you payed into federal for unemployment (already did taxes)? do you get your state back to?

That is all still being worked out, and some States have not yet decided what to do.  See this from the IRS:

IRS Statement - American Rescue Plan Act of 2021 | Internal Revenue Service

 

and this, although the title is a bit of a misnomer, and should say "YET" [in my view] at the end:

Unemployment tax break: IRS says not to file amended return (cnbc.com)

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