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@TaxGuyBill wrote:Intuit just released this nifty article about the Unemployment, and says "ProSeries will make an automatic adjustment to federal returns that qualify for the exclusion."
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That is great ... but what is going to happen to the State returns? I wouldn't think all of the States have things sorted out yet.
I don't know about other States, but my State starts with Federal AGI and still taxes unemployment. As far as I know, the State has not released an updated form to reflect this add-back. Is ProSeries just going to let it flow to the State let the State be wrong?
And what about States that start with Federal AGI or Federal "taxable income" that already have a subtraction for Unemployment? Is ProSeries going to un-do that subtraction?
How did you solve the issue?