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Get your taxes done using TurboTax
Do not file your 2020 taxes if your are waiting for turbotax to update their software for New Exclusion of up to $10,200 of Unemployment Compensation. If at all possible wait... until turbotax update is released.
Taxes are being pushed back til May 17th. (https://www.bloomberg.com/news/articles/2021-03-17/irs-plans-to-delay-tax-deadline-to-mid-may-after-... so there is a month extra.
Also if you filed your 2020 already. The IRS strongly urges taxpayers to not file amended returns related to the new legislative provisions or take other unnecessary steps at this time. (https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021)
March 17, 2021
3:05 PM