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March 25, 2021
Question

I've already filed but now realize that the first 10,500 of my unemployment should not have been taxed. How do I fix this?

  • March 25, 2021
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1 reply

DoninGA
Employee
March 25, 2021

The IRS requests that you do not amend your 2020 tax return at this time for the exclusion.

 

https://www.irs.gov/forms-pubs/new-exclusion-of-up-to-10200-of-unemployment-compensation

If you have already filed your 2020 Form 1040 or 1040-SR, you should not file an amended return at this time. The IRS will issue additional guidance as soon as possible.