Belayy
Level 1
03-15-2021
02:07 PM
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where do we deduct the 10,200 deduction in the proseries form
Hawk26
Level 3
03-16-2021
02:39 PM
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If you're referring to the excludable unemployment compensation, you enter the eligible amount to be excluded as a negative amount (-$x,xxx) on line 8 of Schedule 1. That will offset the unemployment compensation received and reported on line 7 of Schedule 1.