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Level 1
March 19, 2021
Question

Unemployment tax exemption update

  • March 19, 2021
  • 16 replies
  • 73 views

I received an email saying the TurboTax software would update today to be able to claim the unemployment deduction credit from the new relief bill. However, when I signed in to review, nothing was updated. Any status on this?

16 replies

macuser_22
Alumni - Champ
Alumni - Champ
March 19, 2021

"Today" has a long time to go - until midnight.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
Level 2
March 24, 2021

Its now 3/24 I have received no update to the software.  I guess its time to talk to someone live to find out what the deal is.

macuser_22
Alumni - Champ
Alumni - Champ
March 24, 2021

The normal scheduled desktop update day is Thursday after noon pacific time - that is 3/25.  The last update was Thursday 3/18 but that was to late to include this change since it takes a week to recompile and test  8 difference Windows and Mac versions.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
Level 2
March 24, 2021

Hello,

I had taxes taken out of my unemployment automatically.  I have not filed my taxes yet through Turbo Tax, and there appears no way to claim or record it.  How do I get the taxes paid back for exempt first $10,200 of unemployment?  Will they update the software automatically and how will I know they have done this?