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Level 2
March 12, 2021
Question

How do you enter the unemployment benefits with the new law

  • March 12, 2021
  • 3 replies
  • 37 views
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3 replies

dascpa
Level 11
March 12, 2021

Please look at the 500,000 posts on this subject and THINK - did they really update the IRS, the states and the software in 24 hours?

IRonMaN
Level 15
March 12, 2021

The same way you did under the old law ------------------ and wait for the software to be updated.

Slava Ukraini!
Level 3
March 12, 2021

An option until ProSeries has an update.  You can use the supporting statement for the current field to show the math applying the tax relief.  Ensure the 1099-G worksheet is selected when filing the return, so the additional information is attached to the return showing your math.  Hope this helps.