Is your Turbotx Premier 2020 version updated with the latest tax breaks from the Biden's $1.9 trillion American Rescue Plan? Thank you

No not yet---the President only signed that bill a couple of days ago.  The complex process of changing tax software takes longer than a day or two.

Most of the changes affect your 2021 return which you file next year.   The one everyone is anxious about now is unemployment, which does affect your 2020 return.

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.

when is update expected ?