@Lordpo69 wrote:
Until the law is signed into law no one knows exactly what is being changed and if it will be retroactive to 2020 so you and everyone else will have to wait and see.
@fanfare wrote:
the new legislation is for 2021. No one has ever mentioned the word "retroactive", including the clerk reading the entire bill.
You clearly didn't read the bill...it includes $10,200 of 2020 unemployment benefits as non-taxable.
https://www.cnbc.com/2021/03/08/covid-bill-provides-tax-waiver-on-up-to-10200-of-unemployment-benefi...
As this article suggests, you should either wait to file or will have to file an amended return. If it takes TurboTax months to solve this once the relief bill is signed, that seems pretty ridiculous IMHO...
