Skip to main content
March 15, 2021
Question

Now that Unemployement money is not taxed, does this mean that the taxes that were retained by DEO for around 500 could be claimed back?

  • March 15, 2021
  • 3 replies
  • 0 views
I already filed the 2020 return and paid due taxes

3 replies

Employee
March 15, 2021

https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/01/1393859#U1393859

 

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-already-filed-my-taxes/00/2081053

 

 

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.**
DawnC
Employee
March 15, 2021

Yes, but you will need to wait until the program has been updated.   Use this link to sign up to receive notifications about this change.  

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
vsintsvcsAuthor
March 16, 2021

thanks a lot

March 28, 2021

Does anyone know if Turbotax has been updated for the unemployment tax change?

DoninGA
Employee
March 28, 2021

@jcolonna60 wrote:

Does anyone know if Turbotax has been updated for the unemployment tax change?


All TurboTax editions, online and desktop, were updated with the unemployment compensation exclusion on 03/26.

March 30, 2021

do we have to amend our turbo tax if it was file in Feb?