Welcome back! Ask questions, get answers, and join our large community of tax professionals.
  • Products
  • Workflow Tools
  • Learn & Support
  • Sign In
  • Products
  • Workflow Tools
  • Contact Us
  • Sign In
  • Learn & Support
    • Created with Sketch. See what's trending for the upcoming tax season. Lacerte | ProConnect | ProSeries
    Created with Sketch. See what's trending for the upcoming tax season. Lacerte | ProConnect | ProSeries
    cancel
    Turn on suggestions
    Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
    Showing results for 
    Search instead for 
    Did you mean: 

    Up to $10,200 of Unemployment Compensation is non-taxable

    Hawk26
    Level 3
    ‎03-16-2021 01:53 PM

    Just an FYI to everyone....

    IRS issued new guidelines to exclude up to $10,200 of unemployment compensation from taxable income.  There is income limits (AGI) so be sure to read the IRS notice.

    0 Cheers

    This discussion has been locked. New comments cannot be posted on this discussion anymore. Start a new discussion

    1 Comment 1
    BobKamman
    Level 15
    ‎03-16-2021 02:11 PM

    Most people here have been following that discussion for weeks.

    Here is the latest from Intuit

    https://proconnect.intuit.com/community/form-1099-g/help/common-questions-on-the-unemployment-compen... 

    Intuit Lacerte Tax
    Intuit ProConnect Tax
    Intuit ProSeries Tax
    Additional Accounting Solutions
    Tax Pro Center
    Tax Practice Resources
    Call sales: 844-877-9422
    Sitemap

    ©1997-2024 Intuit, Inc. All rights reserved.

    Intuit, QuickBooks, QB, TurboTax, and Mint are registered trademarks of Intuit, Inc. Terms and conditions, features, support, pricing and service options subject to change without notice.

    By accessing and using this page you agree to the Terms and Conditions.

    About Cookies | Manage Cookies
    Legal Privacy Security