The IRS released guidelines over the weekend. It will likely be 1-2 weeks (or more) for the changes to be programmed into Turbotax, tested, and accepted by the IRS. You can sign up here for an update.
https://ttlc.intuit.com/community/tax-topics/help/how-do-i-claim-the-new-unemployment-benefits-in-tu...
It seems the calculation may not be simple because even though the income is not taxable, it is still counted as "taxable income" for purposes of calculating many other things:
- Taxable Social Security
- Savings bond interest exclusion for education
- Employer-provided adoption benefits
- Deductible IRA contributions
- Student Loan Interest Deduction
- Tuition and Fees Deduction
- Passive activity loss limitation for rental real estate
