TerriS
Level 1
03-17-2021
12:00 PM
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How will Lacerte be handling the state returns as they relate to unemployment? Not all states will conform to the IRS and some states already exclude unemployment income from AGI (i.e. California). Will there be an addition to the Schedule CA (Form 540)?
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IRonMaN
Level 15
03-17-2021
12:01 PM
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Nobody knows, but we will be finding out shortly once the update is released.
Slava Ukraini!
George4Tacks
Level 15
03-17-2021
12:03 PM
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Hopefully, they will be handling it correctly.
The fact that each state has their own reaction to these changes is part of why they don't release an update the next day. Yes CA Schedule CA will have one more adjustment line. (Hopefully)
Answers are easy. Questions are hard!
abctax55
Level 15
03-17-2021
12:06 PM
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Given that many states haven't even decided yet, it's a bit difficult for Intuit to "handle" it.
HumanKind... Be Both