Sometime on March 26th, TT updated its software (Home / Biz desktop ver) for the Unemployment Compensation Exclusion, however, the print outs do not include the new IRS Exclusion Worksheet. Furthermore, the Taxable Social Security Worksheet, which uses the Modified Adjusted Gross Income is not taking into consideration the reduction in income due to the exclusion thereby taxing my Social Security for the full unemployment contrary to the act. IRS instructions are very clear and TT is not following them, most likely by not following the instructions for the Unemployment Compensation Exclusion Worksheet.
