TaxGuyBill
Level 15
02-02-2023
08:39 PM
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@Just-Lisa-Now- wrote:
Intuit started automatically excluding them under the General Welfare Exclusion in last weeks update...waiting to see if IRS releases something official at some point.
Unless I missed it, checking that box just COMPLETELY leaves it off of the return, as if you never entered it (it doesn't enter it and back it out or include any statement). Or did I miss something?
Unless they updated it since the first release, I think it is horrible they way Intuit phrases it. It just says say the rebate name and "yes" or "no". It doesn't give any indication of ASKING if you want to exclude it or not.