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How soon can we expect ProSeries updates for the changes arising out of the relief bill now before Congress?

TaxLizard
Level 3

i.e. First $10,200 of unemployment benefits excluded from income?

Also, how about adding the 1099-NEC to the forms list?

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IntuitCharlene
Moderator
Moderator

While we await President Biden's signature on the American Rescue Plan, we are monitoring the situation very closely and will provide updates as they are available. 

For the latest and greatest, check out our COVID-19 Resource Center, our Tax Pro Center post about the American Rescue Plan, or the Tax Law and News on the Tax Pro Center.

Of course we will also post any relevant product updates here in the Accountants Community under the News & Updates sections in the community.

 

Also the 1099-NEC is available in ProSeries tax year 2020 already. For help accessing and using the 1099-NEC worksheet see 

How to enter Form 1099-NEC, Nonemployee Compensation in ProSeries

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Accept as solution"

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IntuitCharlene
Moderator
Moderator

While we await President Biden's signature on the American Rescue Plan, we are monitoring the situation very closely and will provide updates as they are available. 

For the latest and greatest, check out our COVID-19 Resource Center, our Tax Pro Center post about the American Rescue Plan, or the Tax Law and News on the Tax Pro Center.

Of course we will also post any relevant product updates here in the Accountants Community under the News & Updates sections in the community.

 

Also the 1099-NEC is available in ProSeries tax year 2020 already. For help accessing and using the 1099-NEC worksheet see 

How to enter Form 1099-NEC, Nonemployee Compensation in ProSeries

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Accept as solution"
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