Question

Do I need to amend my state tax return to obtain the $10,200 UE exemption?

Forum|Forum|5 years ago
April 3, 2021
1 reply
0 views

My AGI will decrease by $10,200 on my federal return so my Missouri state tax return will be incorrect. I will most likely be entitled to a refund on my state income taxes.

TurboTax Self Employed Online

MaryM428

When you do your taxes in TurboTax, your AGI with the $10,200 deducted will be transferred to the state return. If the state has not yet determined whether they will forgive the income tax on the first $10,200 of unemployment, then you will not be able to e-file that state until the issue has been resolved.

IRS $10,200 unemployment exclusion

C

consaluslAuthor

Unfortunately I've already filed both Federal and State before the exemption was made. Turbotax advised the Federal form will automatically be updated, but no word as to what I need to do with the Missouri State income tax I already filed.