Do we need to wait for unemployment income tax exempt income up to 12,200 adjustment using ProSeries? Anyone have any update? I saw IRS instruction, but didn't see any worksheet in proseries yet.
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@mohan wrote:
Do we need to wait for unemployment income tax exempt income up to 12,200 adjustment using ProSeries? Anyone have any update? I saw IRS instruction, but didn't see any worksheet in proseries yet.
Youve got your dollar amount wrong. We might see the worksheet in this weeks update, those usually happen on Thursdays
I believe the actual dollar amount for UEC is only $10,200, not the $12,200 you speak of.
Sorry typo error. It would be $10,200
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