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March 11, 2021
Question

I don't want to file unless changes to the unemployment benefits (no taxes on $ received < $10,200) based on the have been updated in your system/my turbotax document.

  • March 11, 2021
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1 reply

DoninGA
Employee
March 11, 2021

After the legislation has passed Congress and after the President has signed the legislation and after the IRS has written the rules, regulations and procedures.  And after the IRS has changed any forms or schedules to accept the tax code changes.  And after the IRS has approved the changes in the TurboTax program that apply to the tax code changes, then it will be available for the users of the tax preparation software.

 

This can take anywhere from several weeks to several months before it becomes available.

 

See this TurboTax support FAQ for information on the American Rescue Plan - https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/00/1393859