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Level 2
March 11, 2021
Question

new unemployment reduction

  • March 11, 2021
  • 6 replies
  • 23 views

Since there is no form for reporting the reduced unemployment benefits that are taxable, what are people proposing to do? File as an adjustment to income?

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6 replies

IRonMaN
Level 15
March 11, 2021

"what are people proposing to do"

Personally between dealing with goofy elected officials and being worn down by the constant bombardment of unemployment questions here, my plan is to become a Walmart greeter before the end of the month.  Do you want me to put in a good word for you?

Slava Ukraini!
sjrcpa
Level 15
March 11, 2021

Wait until:

a. The law is signed.

b. IRS updates the forms.

c. Intuit updates the software

d. You know what the relevant state is doing.

The more I know the more I don’t know.
dkh
Level 15
March 11, 2021

Oh come now @sjrcpa  that all seems like common sense.      

I'm fully restocked and ready to go 🥃