LenaH
Employee Tax Expert

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:

  1. Click on Tax Tools.
  2. Click on Tools.
  3. Click View Tax Summary.
  4. Click on Preview my 1040.
  5. 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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