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People who received unemployment in 2020 and filed taxes will receive automatic refund

By Bill Poehler, Salem Statesman Journal

Granger Meador / Flickr

If you've already filed your taxes, don't worry, the State of Oregon has your back.

People who received unemployment benefits in 2020 and filed their taxes before March 11 will receive automatic refunds on taxes they paid on up to $10,200 in unemployment.

The American Rescue Plan, which President Joe Biden signed into law March 11, gave taxpayers who earned less than $150,000 in 2020 forgiveness on taxes paid on up to $10,200 in unemployment for those who filed as single and $20,400 for couples.

But before that was signed into law, thousands had already filed their 2020 taxes.

According to the IRS, any adjusted overpayment will be refunded or applied to outstanding taxes owed, and it will start making those refunds in May.

Taxpayers will not be required to file an amended return to receive that refund.

According to the IRS, it has updated its 1040 forms to reflect the exclusion of unemployment and notified tax return preparers.

About 23 million workers in the United States filed for unemployment in 2020, according to the Bureau of Labor Statistics.

The Oregon Department of Revenue announced last week it would automatically adjust state tax returns for taxpayers who already filed.

The state estimated there were thousands of people in Oregon who had already filed their state income tax returns prior to the change.

“These taxpayers have already done what they were supposed to do. They filed their tax returns on time,” department director Betsy Imholt said in a statement. “We’re going to fix those returns to make sure these taxpayers get the proper refund under the new federal law.”

Those who paid their taxes can check the status of their state refunds online on the Oregon Department of Revenue website.

The deadline for filing taxes has been extended to May 17 from April 15, the second year with an extension.

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