Question

$10,200 Unemployment credit

Forum|Forum|5 years ago
April 19, 2021
1 reply
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I am having trouble determining if a $10,200 unemployment credit has been factored in. It does not appear so based on taxes owed. I do not see anywhere that it has been deducted from taxable income. I began these taxes months ago. Has software updated? Do I need to start over to ensure this update gets calculated? I appreciate any help!

M

Mike9241

it's not a credit. it's a deduction showing up on schedule 1 line 8 with the code UCE

N

NatT2020Author

I checked and it is not showing up as a deduction. Schedule 1 line 8 is blank. What fields do I need to complete for this to calculate? And thanks for you assistance.

DawnC

Employee

Did you enter the 1099-G? And what is your AGI? The 10,200 exclusion is not applicable if your AGI is too high. The income should show up on Schedule 1 - Line 7 and then the subtraction should be on Line 8 of the same schedule. See below.