Re: I have a return with a single taxpayer with an AGI of $82000. Today's update excluded his $8200 of unemployment income.

TaxGuyBill · ‎03-19-2021

@Keet wrote:

calculation of MAGI and AGI removes the 10,200 for all calculation, however, for taxable amount of social security it does not reduce the amount for the 10,200.

There are 7 MAGI calculations (including taxable Social Security) that use the FULL amount Unemployment. The $10,200 exclusion does not affect those calculations.