Welcome back! Ask questions, get answers, and join our large community of tax professionals.
  • Sign In
  • Elevate 2026 Pencil Banner
    cancel
    Showing results for 
    Search instead for 
    Did you mean: 

    Exempt Unemployment update

    stuebs
    Level 2

    How long would you expect it to take before the LaCerte program is updated to reflect the non-taxable unemployment benefits?

    0 Cheers

    This discussion has been locked. No new contributions can be made. You may start a new discussion here

    3 Comments 3
    IRonMaN
    Level 15

    I don’t know.  How long are you thinking?


    Slava Ukraini!
    0 Cheers
    stuebs
    Level 2

    A while. State issues to consider, too. Choosing between waiting and perhaps extending or filing without claiming the exempt income and amending if needed later.. Maybe the IRS will have a way to automatically credit the returns for amounts not claimed on the return. 

    IRonMaN
    Level 15

    You can do it yourself now for the federal, but that still leaves your state up in the air:

    New Exclusion of up to $10,200 of Unemployment Compensation | Internal Revenue Service (irs.gov)


    Slava Ukraini!