WASHINGTON – The Internal Revenue Service today updated its frequently-asked-questions (FAQs) on 2020 Unemployment Compensation Exclusion.
These updated FAQs (FS-2021-14) are:
Question 2, Topic D: Amended Return (Form 1040-X)
Questions 8 & 9, Topic G: Receiving a Refund, Letter, or Notice
Question 3, Topic I: Post Unemployment Compensation Exclusion Adjustment.
These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.
More information about reliance is available.
