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Get your taxes done using TurboTax
Since the IRS just releasd the method of reporting it, I would wait.
The $10,200 unemployment retroactive to 2020 was just signed into law. Now the IRS is responsible for writing regulations and rules for claiming it.
The IRS has released new instructions for reporting this that should not take very long to incorporate.
https://www.irs.gov/faqs/irs-procedures/forms-publications/new-exclusion-of-up-to-10200-of-unemploym...
**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.**
March 13, 2021
12:45 PM