stuebs
Level 2
03-14-2021
09:31 AM
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How long would you expect it to take before the LaCerte program is updated to reflect the non-taxable unemployment benefits?
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IRonMaN
Level 15
03-14-2021
09:33 AM
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I don’t know. How long are you thinking?
Slava Ukraini!
stuebs
Level 2
03-14-2021
09:43 AM
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A while. State issues to consider, too. Choosing between waiting and perhaps extending or filing without claiming the exempt income and amending if needed later.. Maybe the IRS will have a way to automatically credit the returns for amounts not claimed on the return.
IRonMaN
Level 15
03-14-2021
09:56 AM
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You can do it yourself now for the federal, but that still leaves your state up in the air:
New Exclusion of up to $10,200 of Unemployment Compensation | Internal Revenue Service (irs.gov)
Slava Ukraini!