Email from Turbo Tax = unemployment

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  • This topic has 9 replies, 1 voice, and was last updated 4 years ago by Stacy C.
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  • March 26, 2021 at 9:54 am #4477366
    Stacy C

      We received an email from TT today. HEY! Great news!! You don’t have to pay taxes on the first $10k. BUT, uh oh. The IRS hasn’t decided on how they will handle that. Too bad for you! But we’ll email you once we know.

      So. Just. Great.

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      • March 26, 2021 at 2:39 pm #4477538
        Stacy C

          We’re not planning on amending. I thought the timing was interesting, and why didn’t they send this out a week ago? lol

        • March 26, 2021 at 2:11 pm #4477529
          Camelia

            I got the email as well. Hopefully this gets sorted out sooner rather then later

          • March 26, 2021 at 12:33 pm #4477483
            CrazyTaxYear1

              Good catch StillWaiting. Subtract your original refund amount from what is on TT from the refund amount showing after you click “add a state” and you will get the refund amount the IRS owes you for the unemployment portion.

            • March 26, 2021 at 11:51 am #4477411
              Stillwaiting

                Dont ammend…if you go on TT and look at your previous taxes filed…click on this years. Then click add state…dont click continue! Look up at your 3 lines and see what your refund amounts are. This should reflect the difference you will get back from unemployment taxes. Then click back.

              • March 26, 2021 at 11:51 am #4477421
                Stillwaiting

                  Dont ammend! If you go on TT, they have updated their system to reflect the credit. Click on view all taxes, click on this years. Then click on add state…dont click continue! But look up at the 3 lines and your amounts should reflect the change! Click back!

                • March 26, 2021 at 10:51 am #4477428
                  Stillwaiting

                    Dont ammend it! If you go on TT, they have updated their system to reflect the credit.
                    Click on view all taxes, click on this years taxes, click add state. Do not click continue. Look up at the 3 lines to see your refund amounts. They should reflect this credit. Click back.

                  • March 26, 2021 at 10:39 am #4477415
                    Stillwaiting

                      They have updated their system for those that have not filed yet to reflect the credit. The IRS will eventually send you that difference, and possibly your state, whenever they get around to it🙄 You dont have to ammend it! It will put you back further in the que

                    • March 26, 2021 at 10:38 am #4477410
                      Redntick

                        Woke up to same email today too it’s crazy

                      • March 26, 2021 at 9:58 am #4477371
                        CrazyTaxYear1

                          That’s nuts! I just got a DDD and they did not adjust for unemployment, If they don’t issue something or figure out something within two weeks from the DDD date, I will amend.

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