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Get your taxes done using TurboTax
@wdunn wrote:
So if i -$10200 on sch 1 in other income and put it on line 8 of 1040-sr it will reduce my social security income when i add line 8 to my SS worksheet. Very confusing
Please wait for the software to be updated and do not try and manually change your tax return.
See this TurboTax support FAQ for information for the unemployment compensation exclusion - https://ttlc.intuit.com/community/tax-topics/help/how-do-i-claim-the-new-unemployment-benefits-in-tu...
Also see this IRS statement - https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021
March 17, 2021
7:14 AM