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Get your taxes done using TurboTax
@eugenebar wrote:
It's not really just about NY, this problem persists with Federal as well:
as of this today, TT online still doesn't apply $10.2K Exclusion for 2020 Unemployment to Federal Income, the case was open back on 3/29 and still NOT closed.
The unemployment exclusion is most certainly available using the TurboTax online editions. The exclusion is on Schedule 1 Line 8 as a negative number.
I have test online accounts for both the Free online edition and Self-Employed online edition with screenshots.
If your modified AGI is $150,000 or more, you can’t exclude any unemployment compensation.
March 31, 2021
11:36 AM