If you haven't filed your tax return yet, we expect TurboTax to be updated later today (Friday, 3/19) to include the new federal tax relief calculations on unemployment benefits. [Releases are usually pushed later in the day.]
The adjustment to the taxable unemployment benefits will be on Schedule 1, line 8 of the 1040.
If you have already filed your return, the IRS has stressed to NOT amend at this time. We do not yet have updated guidance for those who have filed their returns. Please see this TurboTax Help article: How do I get the new unemployment benefits if I’ve already filed my taxes? It has the latest information and contains a link for you to sign up to be notified when changes occur.
@jpmcnaul
