Question

2021 UI credit adjustment - Corrected tax return info for 2022 return

Forum|Forum|4 years ago
January 26, 2022
1 reply
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I filed my tax return in February 2021 before the $10,200k UI credit had been approved (March 2021). The IRS adjusted my return and refunded the corrected amount, but didn't provide me with a fully updated tax return document. I was able to download/print the $ changes made, but don't have a full view of my corrected return. Will Turbotax have the ability to recognize the corrected info? Will I need to obtain more info from the IRS to file the corrections properly this year?

M

MayaD

The IRS won't provide any updated return.

The IRS asked taxpayers not to file amended returns because of the $10,200 excluded unemployment. No correction is needed.

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J

jenbucAuthor

I'm not asking to amend my 2021 return. I'm asking about how to properly report those new IRS corrected amounts on my 2022 return, when I don't have a full copy of my revised 2021 corrected return?

The "old" amounts are listed on my TurboTax return and account. The new/corrected amounts are listed on the IRS version. How can I properly "remember" 2021 actuals when filing my TurboTax return this year?

M

MayaD

The tax break on unemployment benefits that you received in 2020 will not affect your 2021 return. You don't need to report the corrected amounts when you file this year.

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