WHEN CAN WE EXPECT THE UNEMPLOYMENT TAX WAIVER TO BE IMPLEMENTED AND READY IN OUR SOFTWARE?
WILL WE MOST LIKELY HAVE TO FILE AMENDMENTS FOR THOSE WHO ALREADY FILED THEIR TAXES WITH A 1099-G?
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LET ME GUESS. YOU MAKE IT A PRACTICE NEVER TO SPEND FIVE MINUTES READING RECENT COMMENTS HERE, TO FIND OUT IF ANOTHER 25 PEOPLE ARE DISCUSSING THE ISSUE.
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Imagine how many questions there are going to be if/when this actually becomes law!
BEFORE THE SOFTWARE CAN BE CHANGED IT HAS TO FINALIZED BY CONGRESS AND SIGNED BY THE PRESIDENT. YOUR CART IS AHEAD OF YOUR HORSE. 🛒 🐴
Well, let's see:
1) WAIT until something actually is passed AND signed into law.
2) WAIT until the IRS has time to reset it's software.
3) WAIT until Intuit and all the other software providers have time to update their programing, get those updates approved by the IRS, then provide the new & improved software to us.
I'm guessing we are already starting to get a little tired and ornery over this question, since it is the most popular question the last few days. Who thought it could beat out the recovery rebate credit questions so quickly. Hopefully all of those folks posting this question have clients as patient as they are ------- karma?
To be clear the UNEMPLOYMENT TAX is a burden of the employer and the state. There is no waiver of that now, or on the drawing boards.
There is my 2 pesos worth.
Why is everyone so hot about this? As soon as this president signs the bill the irs will correct the forms everyone can charge to do a 1040X.
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I don't know about you all but I updated my software for the law that hasn't passed yet. I've amended about 50 returns so far and submitted them. The key to all of this is to learn to code so we can change the software ourselves. My tax season is over. My cellmate in prison is asking for something special. Bye.
The President has not received the bill yet.
I emptied my bottle yesterday. Haven't had time to fire up my broom for a booze run.
You want him to sign before the House votes? A true American. Well, at least as good as the last guy.
"Why is everyone so hot about this? As soon as this president takes his head out of his *** and signs the bill the irs will correct the forms everyone can charge to do a 1040X."
Wow; that's not really how this works. It's not even how it Doesn't work.
"I emptied my bottle yesterday."
I warned you to buy the bigger one, next time...
The House hasn't even received it from the Senate.
The Eternal Echo .... Just my opinion
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