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Get your taxes done using TurboTax
I think I may have found a work around.
1) I went into Forms
2) Selected Schedule 1
3) Double clicked on search for Line 8
4) Double clicked on line 22
5) Entered " UCE" under "Other taxable income:"
5) Entered -10,200 in column (a) Taxpayer
The adjusted amount of unemployment is the correct amount and follows the procedures that the IRS outlined, but I haven't filed yet since the IRS has extended the filing date until 5/17/21. I am going to give TurboTax more time to update the software, but it does seem to me like this will work. My only question is if the "Other taxable income" field is the correct field.
March 18, 2021
12:56 PM