Wednesday, May 12, 2021
About this Event
FOR IMMEDIATE RELEASE
May 12, 2021
DOR Provides Additional Important Information on Unemployment Income
Returns already filed may be adjusted by DOR
INDIANAPOLIS — Today, the Indiana Department of Revenue (DOR) issued additional guidance for Hoosier taxpayers who received unemployment compensation in 2020 and have already filed their state income tax return.
Those customers who used a tax preparation software product, online services, or a paid tax professional to prepare their tax return should check for information from their software product vendor or preparer regarding software updates and how the required addback of unemployment income that was excluded from their federal adjusted gross income was handled.
Many tax preparation software products were updated to perform the appropriate addback of unemployment income. In cases where the addback of this Indiana taxable income was not accommodated, DOR will automatically perform the following review, without requiring any additional action by Indiana taxpayers:
“Our team has done their very best to find efficient methods to handle this very complex, and late arriving, adjustment.” said DOR Commissioner Bob Grennes. “With a commitment to serving Hoosiers, we are making as many corrections automatically as possible and waving penalties associated with those adjustments.”
Customers should refer to DOR’s website for additional details and instructions regarding unemployment compensation income and any other questions related to 2020 income tax filing. Visit dor.in.gov and click on the “Learn More” button under “Unemployment Benefits and Taxes”.