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Get your taxes done using TurboTax
This post is pretty much OLD news...as the ARP has been passed, stimulus payments are underway, and IRS has issued guidance about both the $10,200 UI exemption, as well as the waiver of PTC repayments. Also, it should be noted that the TT online version has already incorporated programming to handle the $10,200 UI exemption, as it is working on my return. However, nothing is in place yet to properly report the PTC waiver - and TT "online experts" cannot advise when this will be done. Once again, TT appears to be playing "catch-up" and further delaying clients from completing their tax return filings. The only commitment I have received from TT on this issue is "I will receive an email when the program is updated."
March 21, 2021
1:12 PM