halsimo
Level 2
12-17-2020
02:32 PM
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This is for 2020
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Level 11
12-17-2020
02:36 PM
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$300 per return, regardless of filing status.
itonewbie
Level 15
12-17-2020
02:38 PM
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Sounds like you're testing out TY2020 for the new above-the-line deduction. If so, the CARES Act only allows $300 per filing unit regardless of filing status.
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Still an AllStar
George4Tacks
Level 15
12-17-2020
02:45 PM
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It appears you have not take you CE course on updates yet. This may help What You Need to Know About Your 2020 Taxes
Answers are easy. Questions are hard!
TaxGuyBill
Level 15
12-17-2020
08:13 PM
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Interestingly, they must interpret "married" as one filing unit, regardless if they file jointly or separately. The draft instructions say it is limited to $150 of MFS.
halsimo
Level 2
12-19-2020
07:39 AM
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Thanks for the help!!
halsimo
Level 2
12-19-2020
07:40 AM
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Thank you!!