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Get your taxes done using TurboTax
The TurboTax online software is updated to reflect the exclusion of up to $10,200. The update for the desktop programs should be complete by tomorrow (3/29/21).
If you are using the online version, you can confirm it was removed by following the instructions below:
- Click on Tax Tools.
- Click on Tools.
- Click View Tax Summary.
- Click on Preview my 1040.
- Scroll down to Schedule 1, Part 1. You will see your unemployment on Line 7 and the deduction of up to $10,200 on Line 8.
I have attached a picture below for additional guidance.
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March 28, 2021
2:00 PM