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March 16, 2021
Question

I filed my taxes for 2020 federal and it has been accepted. How do I get the 10,000. Deducted from my 1040?

  • March 16, 2021
  • 1 reply
  • 0 views
Can turbo tax help me with the 1040x for 2020 to deduct the 10,000 amount?

1 reply

DoninGA
Employee
March 16, 2021

@beach1_gal wrote:
Can turbo tax help me with the 1040x for 2020 to deduct the 10,000 amount?

See this TurboTax support FAQ for information for the unemployment compensation exclusion - https://ttlc.intuit.com/community/tax-topics/help/how-do-i-claim-the-new-unemployment-benefits-in-tu...

 

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