The new unemployment exclusion drops my AGI below the EITC threshold. IRS.gov says to amend returns to claim new credits. Is the necessary form available on TT yet?

[ajnichols3776]

started amending return and cant find where to add the exclusion. Do we have to wait for a new 1099g from my state?

[DanaB27]

Yes, the exclusion is automatically added when you open your amended return. If you qualify the unemployment exclusion is deducted on line 8 of Schedule 1.

If your modified adjusted gross income (MAGI) is less than $150,000, then you can exclude up to $10,200 of unemployment compensation paid in 2020 from your taxable income. Amounts over $10,200 for each individual are still taxable.

No, you do not wait for a new 1099-G.