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March 14, 2021
Question

Deduction

  • March 14, 2021
  • 1 reply
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Will my UnEmployment credit of $10,200.00 be applied for this years taxes ? With the new Law

    1 reply

    Employee
    March 14, 2021

     

    https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/01/1393859#U1393859

     

     

     

    You are among millions who have now been affected by a mid-tax season change in the tax law.  Patience will be necessary.

    TurboTax will update the software for the unemployment but there is no timeline yet.

      If you have not e-filed yet—-wait.   And if you already e-filed and want to amend for this—WAIT.

     

    Please read this very recent news from the IRS:

     

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

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**