Question

Unimployment

Forum|Forum|5 years ago
March 23, 2021
1 reply
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I've already filed my taxes for 2020 and paid taxes on my unimployment money but now I hear a part of it is now tax free. Do I need to file an amended return to get that money back?

Not A Product Question

M

MinhT1

The IRS says in this document:

If you have already filed your 2020 Form 1040 or 1040-SR, there is no need to file an amended return (Form 1040-X) to figure the amount of unemployment compensation to exclude. The IRS will refigure your taxes using the excluded unemployment compensation amount and adjust your account accordingly. The IRS will send any refund amount directly to you.

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