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Level 3
March 11, 2021
Solved

NEW COVID LEGISLATION

  • March 11, 2021
  • 1 reply
  • 3 views

I've read that an amendment to the current bill allows for $10200 of unemployment income l not to be taxable . Please confirm.  

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Best answer by IntuitAustin

While we await President Biden's signature on the American Rescue Plan, we are monitoring the situation very closely and will provide updates as they are available. 

For the latest and greatest, check out our COVID-19 Resource Center, our Tax Pro Center post about the American Rescue Plan, or the Tax Law and News on the Tax Pro Center.

Of course we will also post any relevant product updates here in the Accountants Community under the News & Updates sections in the community.

1 reply

IntuitAustin
Level 10
March 11, 2021

While we await President Biden's signature on the American Rescue Plan, we are monitoring the situation very closely and will provide updates as they are available. 

For the latest and greatest, check out our COVID-19 Resource Center, our Tax Pro Center post about the American Rescue Plan, or the Tax Law and News on the Tax Pro Center.

Of course we will also post any relevant product updates here in the Accountants Community under the News & Updates sections in the community.

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