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Get your taxes done using TurboTax
I agree you need to manually complete the IRS worksheet to make sure you qualify for this exclusion. If you do this is how you can correctly enter the exclusion in Turbo Tax until they can get the programs updated. I don't plan to wait for that.
Go to Schedule 1 Line 8 and click on the amount field. A magnifying glass will appear. Double click on this and it will take you to the workshheet for Schedule 1 Line 8. When you get to the worksheet enter -10200 on Line 22 with a description of "UCE". Click off the line and it should update correctly. Go back to Schedule one and you should see UCE under Line 8 with an amount of -10200.
March 14, 2021
11:53 AM