Question

Don't want to file now..When will my tax break be included?

Forum|Forum|5 years ago
March 16, 2021
1 reply
0 views

I qualify for the unemployment tax break

TurboTax Deluxe Online

you are smart not filing now. the Turbotax app needs updating to handle the excludable portion. can't give you a date when this will be ready. it's likely you'll need to report the gross and then on another line of the return report the excludable portion.

X

xmasbaby0

Employee

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.

https://ttlc.intuit.com/community/tax-topics/help/how-do-i-get-the-new-unemployment-benefits-if-i-ve-already-filed-my-taxes/00/2081053

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.**