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How do I account for the Unemployment Compensation Exclusion of $10,200 which just passed last week?
A new law passed on March 11, which provides that the first $10,200 of unemployment compensation shall be tax free. The steps are available at
https://www.irs.gov/faqs/irs-procedures/forms-publications/new-exclusion-of-up-to-10200-of-unemploym...
but this site does not appear to accommodate this exclusion. How do I proceed?
https://www.irs.gov/faqs/irs-procedures/forms-publications/new-exclusion-of-up-to-10200-of-unemploym...
but this site does not appear to accommodate this exclusion. How do I proceed?
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March 15, 2021
12:08 PM