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R
rkbaehl51
March 14, 2021
Question

What if i already file my taxes for 2020 and now I hear that my unemployment benefits that I received are no longer taxable income up to $10k, what do I do?

  • March 14, 2021
  • 1 reply
  • 0 views
can I file an amendment?

1 reply

DoninGA
DoninGA
Employee
March 14, 2021

You will have to amend the tax return that was filed to get the unemployment compensation exclusion.  But not yet since the IRS has not provided guidance on the procedure.

 

See this TurboTax support FAQ for information on the American Rescue Plan - https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-

    R
    rkbaehl51Author
    March 14, 2021

    Great. thank for you for the information.

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