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 Publication 6961 Rev 7 Calendar Year Projections of Information and Withholding Documents for the United States and IRS Campuses 2020

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- Hello, and welcome to Filing Form 1040-X after IRS Calculations. My name is Misty Erickson and I'm gonna walk you through why it is beneficial or why you may want to file an amended return this year. So just a little bit about me. I've worked for NATP for almost five years in the Tax Research Department and I've worked at tax offices during the tax season. So pretty busy schedule but I enjoyed it. Prior to my employment with NATP I spent 10 years working for the Minnesota Department of Revenue auditing individual income tax returns as well as involved in several projects throughout the year. So why are we talking about amended returns? Well, this year we saw several tax law changes passed as part of the American Rescue Plan Act in March that impacted 2020 returns including the 10,200 exclusion for unemployment compensation and the waiver of the advanced premium tax credit. We will take a look at the most recent IRS guidance for both scenarios and talk through

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