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D
dbelling
Level 4
March 22, 2021
Question

Update changed my previously filed and accepted tax returns

  • March 22, 2021
  • 3 replies
  • 21 views

this is a bit troubling...I went to check my previously filed returns...and all those ones with unemployment have been changed to reflect the nontaxable portion of unemployment..how will this affect my clients...these returns were all ready filed and accepted...

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    3 replies

    dkh
    dkh
    Level 15
    March 22, 2021

    It won't affect the returns that have efiled/accepted.  But you can use the changed return as guidance as to what your clients should receive from IRS when (if) they do adjustments to issue refunds.

      D
      dbellingAuthor
      Level 4
      March 22, 2021

      Then we as preparers do nothing?  The IRS is going to handle this mess...Thankyou for answering.  Debbie

      dkh
      dkh
      Level 15
      March 23, 2021

      Yes, as of now we do nothing.  

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