rbynaker
Level 13

@Shark wrote:

@rbynaker @BobKamman Nice job to all of us!  Since no amending is required for the Unemployment exclusion, is an amendment still required to take advantage of the resulting higher Recovery Rebate and full EIP#3 as a result of that income being excluded and AGI now being below $150K?


Nobody knows yet.  But that should be a whole different thread . . . and probably one best started AFTER the IRS tells us how it's going to magically refigure returns that have already been filed.  I suspect there will be plenty of cases that will NOT get caught in the IRS net to "automatically" fix these.  IMO that's summer work.  Possibly Fall.  Maybe even early Winter.

View solution in original post