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BobKamman
Level 15
March 8, 2021
Question

Post Your Unemployment Exclusion Questions Here

  • March 8, 2021
  • 8 replies
  • 44 views

Here's mine:

Spouse 1 income: About $100K

Spouse 2 income: About $70K on a W-2, and $18K unemployment.

Joint return already filed.

Can amend to separate by April 15.

On separate return, Spouse 2 qualifies to exclude unemployment.

Complication: This is a community-property state. They would still qualify, but splitting is a nuisance. And is unemployment considered community income?

This topic has been closed for replies.

8 replies

Just-Lisa-Now-
Intuit Community Champion
March 8, 2021
quit it! LOL

Hey is the 150k limit only for MFJ? does it get cut in half for Single?
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
BobKamman
BobKammanAuthor
Level 15
March 8, 2021

$150K regardless of filing status.  They were in a hurry.  Sort of like the $300 charitable adjustment.  

IRonMaN
Level 15
March 8, 2021

I thought I saw someplace here, that it was $600 for a joint return 😆

Slava Ukraini!