**Current clients** that have already filed their 2020 taxes – good news = SOME unemployment is now nontaxable! But……The IRS has given explicit directions to WAIT to file your amendments. No worries, we have already created a list of ALL of our clients that these new rules apply to, and we will be contacting you to make the adjustments soon. Want more info? Check out the official IRS website for more details. There is also a nice article from Kiplinger that basically says the same thing – WAIT to amend!

https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021

https://www.kiplinger.com/taxes/602429/unemployment-tax-break-dont-amend-your-2020-tax-return-to-claim-exemption