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@dankos wrote:
1. The fix doesn't take into account the reduction in AGI in calculating taxability of SS benefits. If you look at the SS Benefits Worksheet, the calculation on line 3 is incorrect. It's taking the number on Schedule 1, line 9 without the reduction.
It is calculating correctly. The calculation for taxable Social Security (and several other MAGI calculations) use the FULL amount of Unemployment.
Unfortunately for your client, PTC does use the $10,200 exclusion.
Here is a copy-and-paste list that someone on another forum wrote up (she looked up all of the Code sections and translated into English) that are NOT affected by the $10,200 exclusion (they use the FULL amount of Unemployment).
If it is not on this list (including the PTC), the calculation uses the reduced amount of unemployment.
I ran the client query for UI and it missed 20% of my clients with unemployment - be careful
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