Question
Unemployment Benefits
Hello,
I use the Pro Series Basic program. Has the 10,200 Unemployment exclusion bill passed.
I keep reading and it seems like it was, but not sure.
Where do you show the 10,200 credit on the Pro Series Basic program. How about the NYS tax returns? Is there any credit on the state returns?
Should I wait to file those clients who received Unemployment or do them anyway and file an amended return later on. This is turning into a nightmare. So many people collected Unemployment last year and I don't want them to pay big tax bills. This proposed legislation should have been decided on before tax season got underway.
Please advise anybody.
