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Level 3
March 17, 2021
Question

UNEMPLOYMENT INCOME TAX EXEMPT $12,200

  • March 17, 2021
  • 3 replies
  • 25 views

Do we need to wait for unemployment income tax exempt income up to 12,200 adjustment using ProSeries? Anyone have any update? I saw IRS instruction, but didn't see any worksheet in proseries yet.

 

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3 replies

Just-Lisa-Now-
Intuit Community Champion
March 17, 2021

@mohan wrote:

Do we need to wait for unemployment income tax exempt income up to 12,200 adjustment using ProSeries? Anyone have any update? I saw IRS instruction, but didn't see any worksheet in proseries yet.

 


Youve got your dollar amount wrong.  We might see the worksheet in this weeks update, those usually happen on Thursdays

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 3
March 17, 2021

I believe the actual dollar amount for UEC is only $10,200, not the $12,200 you speak of.

mohanAuthor
Level 3
March 17, 2021

Sorry typo error. It would be $10,200