Unemployment Income Tax Refund

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Topic Author
bmelikia
Posts: 680
Joined: Mon Jun 15, 2009 9:23 pm

Unemployment Income Tax Refund

Post by bmelikia »

For anyone already filed their taxes before the $10,200 unemployment income tax exemption was announced. . .

Have you received your Direct Deposit refund from the IRS refunding taxes paid on the first $10,200 of unemployment income?

Last I had read they said those refunds would begin in May. . .
"I would rather die with money, than live without it...." - Bogleheads member Ron | | "The greatest enemy of a good plan, is the dream of a perfect plan." | -Bogle
Topic Author
bmelikia
Posts: 680
Joined: Mon Jun 15, 2009 9:23 pm

Re: Unemployment Income Tax Refund

Post by bmelikia »

Just trying to resurface this - hopefully someone from the afternoon Boglehead crowd has an update. . .
"I would rather die with money, than live without it...." - Bogleheads member Ron | | "The greatest enemy of a good plan, is the dream of a perfect plan." | -Bogle
Katietsu
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Joined: Sun Sep 22, 2013 1:48 am

Re: Unemployment Income Tax Refund

Post by Katietsu »

The IRS put out a press release on this sometime in the last week or so. The refunds will begin with single people with simple returns. Then married returns. Then more complex returns. They plan to start by the end of May but they do not expect to finish until the fall. It sounded to me like these would all require human intervention but this was not said explicitly.
mushripu
Posts: 118
Joined: Fri Jan 26, 2018 8:26 am

Re: Unemployment Income Tax Refund

Post by mushripu »

My DW got unemployment last year and we fit the criteria for refund.
No refund yet.
oldfatguy
Posts: 997
Joined: Tue Feb 27, 2018 1:38 pm

Re: Unemployment Income Tax Refund

Post by oldfatguy »

Not yet. Been checking my bank account each morning in May.
oldfatguy
Posts: 997
Joined: Tue Feb 27, 2018 1:38 pm

Re: Unemployment Income Tax Refund

Post by oldfatguy »

Still nothing here. Bumping the thread to see if anyone has received one yet.
jstage
Posts: 6
Joined: Wed Apr 28, 2021 12:07 pm

Re: Unemployment Income Tax Refund

Post by jstage »

We are still waiting to. Married filed jointly though so I know they were doing single filer's first.
donall
Posts: 952
Joined: Tue Mar 13, 2012 6:45 am

Re: Unemployment Income Tax Refund

Post by donall »

VITA volunteer-
No federal refunds yet, but was made aware of two letters from the state indicating a recalculation of state income taxes and a check that will be mailed. Our state uses federal AGI. One taxpayer was single, while the other was HOH.
dink2win
Posts: 421
Joined: Tue Jan 15, 2019 6:53 pm

Re: Unemployment Income Tax Refund

Post by dink2win »

Anyone received a refund yet? My dad has not.
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joe8d
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Location: Buffalo,NY

Re: Unemployment Income Tax Refund

Post by joe8d »

No. Not yet.
All the Best, | Joe
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Metsfan91
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Re: Unemployment Income Tax Refund

Post by Metsfan91 »

I know a few people who are waiting for refund but haven't received yet. They all fall under MFJ - Married Filing Jointly - category.
“Time is your friend; impulse is your enemy.” — John C. Bogle
Topic Author
bmelikia
Posts: 680
Joined: Mon Jun 15, 2009 9:23 pm

Re: Unemployment Income Tax Refund

Post by bmelikia »

Nothing yet
"I would rather die with money, than live without it...." - Bogleheads member Ron | | "The greatest enemy of a good plan, is the dream of a perfect plan." | -Bogle
oldfatguy
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Re: Unemployment Income Tax Refund

Post by oldfatguy »

Still nothing here. Single filer with a very basic return.
Nebraska_Drought
Posts: 125
Joined: Fri Nov 13, 2020 11:19 am
Location: Lincoln, NE

Re: Unemployment Income Tax Refund

Post by Nebraska_Drought »

My son would fall under this. Basic return, filing single and nothing yet. I am guessing this is going to be a S L O W process especially with the IRS accepting returns so late this year.
oldfatguy
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Joined: Tue Feb 27, 2018 1:38 pm

Re: Unemployment Income Tax Refund

Post by oldfatguy »

Update: Mine is showing up this morning as a pending deposit in my bank account for June 3.
theplayer11
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Joined: Tue Jul 22, 2014 8:55 pm

Re: Unemployment Income Tax Refund

Post by theplayer11 »

D received her's today..simple filing
Topic Author
bmelikia
Posts: 680
Joined: Mon Jun 15, 2009 9:23 pm

Re: Unemployment Income Tax Refund

Post by bmelikia »

Still waiting - we did married filing jointly - my spouse had the unemployment income
"I would rather die with money, than live without it...." - Bogleheads member Ron | | "The greatest enemy of a good plan, is the dream of a perfect plan." | -Bogle
mgldan
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Joined: Sat Feb 20, 2021 5:11 pm

Re: Unemployment Income Tax Refund

Post by mgldan »

I am waiting still. Single filer. reported W-2 and unemployment income, dividends, cap losses, itemized deductions. Not that simple but very standard.
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