Unemployment benfits

george-brackett · ‎March 9, 2021

How soon will TurbTax update the Premier program to account for the nontaxable unemployment benefits up to $10200?

xmasbaby0 · ‎March 9, 2021

That tax law has not yet been signed into law by the President. When that happens then the IRS will need to change the tax forms, the programmers have to change the software, and then the IRS has to approve of their software. That will take time---we do not know yet when all of those changes will be accomplished. As soon as more is known, TurboTax will provide information. The software changes will take weeks or even several months.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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Unemployment benfits