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Best Answer Click here
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Here is the latest from Intuit
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Stay tuned. Since you can't override Sch 1, Line 8 in ProConnect Tax, you'd need to wait for the program to be updated:
Still an AllStar
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If you don't want to wait for the forms to be updated, the IRS bulletin indicates you can enter the exclusion amount as a negative on line #8. Just ensure you're compliant with the new regulations just issued,
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Thank you for the prompt useful help.
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I think it best to wait - as you suggested. Thanks
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Go to the form "Other Income Statement - Schedule 1, Line 8"... scroll down to line 24, Other Taxable Income, and enter the description "Federal & State Unemployment Compensation"... then enter the excludable portion of the unemployment compensation.
Review Schedule 1 and you should see an off-setting amount for the unemployment compensation.
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Below response revised to include "AS A NEGATIVE AMOUNT."
Go to the form "Other Income Statement - Schedule 1, Line 8"... scroll down to line 24, Other Taxable Income, and enter the description "Federal & State Unemployment Compensation"... then enter the excludable portion of the unemployment compensation AS A NEGATIVE AMOUNT.
Review Schedule 1 and you should see an off-setting amount for the unemployment compensation.
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When entering the negative amount in the other income line 8 you cannot e-file the NJ returns how do you get the NJ return to e-file with a negative
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Hello, I appreciate your help and patience. I am having trouble getting into the form. I've looked in all the sections and have searched for Other Income - Statement 1, line 8. No luck.
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I'm also from NJ...
The negative UC from the Federal 1040 does to flow to the 1040-NJ... at least not on my returns.
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The negative amount does not flow to NJ 1040 on return but I get a diagnostics that the return cannot be efiled and must be filed by paper return