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A
Anonymous
March 24, 2021
Question

When will the software be updated for the $10200 in unempl inc. exclusion? Will the update reflect the IRS guidance that UI does not count toward the $150,000 threshold?

  • March 24, 2021
  • 1 reply
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    1 reply

    P
    Pakala41_
    March 25, 2021

    Please advise me as to when system will be updated to reflext the UI exclusion

     

    C
    Cynthiad66
    March 29, 2021

    TurboTax Online has been updated to exclude the Unemployment Compensation.  You may file your returns now.  Re-enter the Form 1099-G so that the exclusion will be applied.  

     

    TurboTax CD/Download version is not update to exclude the allowable exclusion of Unemployment Compensation yet.

     

    For more details, use this link:  New Unemployment Compensation Exclusion

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