Question

Changes to what I owe due to increased unemployment forgiveness

Forum|Forum|5 years ago
April 2, 2021
1 reply
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I filed in February and all was good. Due to the American Recovery Act I now owe less because of increased forgiveness in unemployment. The article referenced waiting until after May for an additional refund, but it does not address how or when to pay the lesser amount now owed. I was going to send a check but am not sure how or when to proceed.

Cass0317

Please see the information below regarding the Unemployment benefits:

If you've already filed your return, the IRS says you don’t need to do anything to take advantage of this benefit. They've assured us there's no faster way to get any additional money you are owed. In fact, amending your return could delay your payment.

How do I claim the new unemployment benefits in TurboTax?