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In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
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- Do Unemployment Exclusion helps lower the taxable amount on Social Security benefit?
Do Unemployment Exclusion helps lower the taxable amount on Social Security benefit?
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Savannah
Level 1
04-03-2021
06:31 PM
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I filed one return before the American Rescue Plan was signed and now I have to amend the state tax return. I noticed that there's no change on Social Security taxable amount on ProSeries Professional.
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1 Comment 1
IRonMaN
Level 15
04-03-2021
06:33 PM
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There is no change, because there is no change. The calculation ignores the exclusion.
Slava Ukraini!
