Noticed part of the last stimulus bill included a provision to make unemployment nontaxable up to $10,200
https://www.cbsnews.com/news/unemployment-benefits-tax-exempt-american-rescue-plan/
Given I've already filed returns for a few clients who have received UI, am I stuck with filing amended returns?
Best Answer Click here
Dozens of posts here about it. https://proconnect.intuit.com/community/proseries-tax/discussion/03/303
IRS says dont amend yet....sounds like maybe they'll make an adjustment automatically rather than contend with soo many 1040X returns.
View solution in original post
Does anyone have insight as to when the IRS will resolve this issue for filed returns?
The client had $417 withdrawn from her account prior to the nontaxable order. No communication from IRS. Any recommendations?
Thanks!
Just wait. IRS has started to adjust some returns.
