Question

How do I deduct first $10,200 of unemployment income in Turbo Tax?

Forum|Forum|5 years ago
April 3, 2021
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TurboTax Premier Online

Employee

You enter the amount of unemployment compensation received as reported on the Form 1099-G you received from the state. The TurboTax program will calculation the unemployment exclusion if you are eligible.

The exclusion amount will be entered on Schedule 1 Line 8 as a negative amount. Your unemployment compensation is entered on Line 7 of the Schedule 1. The result flows to Form 1040 Line 8.

If your modified AGI is $150,000 or more, you can’t exclude any unemployment compensation.