Maryland 502SU Unemployment Exclusion

Cookie2021 · ‎03-13-2021

When will ProSeries update Maryland Form 502SU to exclude Unemployment benefits from MD taxes?

sjrcpa · ‎03-13-2021

MD needs to release it first. I think they are creating an LU.

Now they probably have to start over because of the new federal law.

The more I know, the more I don't know.

dascpa · ‎03-13-2021

Ask ProSeries, not other tax preparers when the software company will update their info. The answer is - sometime in the future.

Cookie2021 · ‎03-23-2021

Still waiting for MD to release the forms excluding unemployment as taxable income. Frustrating. I know ProSeries is waiting on MD.

dascpa · ‎03-23-2021

Comptroller's office today said 04/15/2021 for release of new form. It will take ProSeries a few weeks after that.