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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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Unemployment Compensation exclusion
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JHPCPA
Level 2
03-16-2021
11:51 AM
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The IRS just released an article informing Tax Payers of an unemployment income exclusion up to $10,200 applicable to unemployment received during 2020. The article refers to an Unemployment Compensation exclusion worksheet - Schedule 1, line 8 , When this Worksheet will be included in ProSeries Basic? Are there any work around to report the exclusion using the current version of ProSeries Basic? Any information that can be shared at this time will be appreciated
Thank you
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1 Comment 1
BobKamman
Level 15
03-16-2021
12:01 PM
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That was Friday, it's already Tuesday. Intuit posted a message yesterday telling customers they are working on it. Here it is:
You can follow Intiuit’s messages on this here:
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