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Get your taxes done using TurboTax
@Robyn1114 wrote:
The printable worksheet is still the normal schedule 1, the irs link just tells you how to include the10200 unemployment tax credit.
There are still several issues for the IRS to write rules for. For example, just entering it in schedule 1 can change the amount of EIC a tax payee can get and the amount that can be contributed to an IRA. When Congress rushed this bill, they did not address how to handle the unintended consequences of the change that now the IRS must write rules and regulations to implement the change.
**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 16, 2021
8:16 AM