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Get your taxes done using TurboTax
@RBELLOWSCLARK wrote:
H&R Block has updated their software for this. Cannot understand why Turbo Tax hasn’t. They appear to have done it for the Turbo Tax on line version but not the home & business desktop version. This lack of updating Along with the fact Turbo Tax no longer consistently works with a Mac makes this software much less desirable than in the past.
The unemployment compensation exclusion was updated across all TurboTax platforms, online and desktop, on 03/26/2021.
The exclusion is reported on Schedule 1 Line 8 as a negative number. The unemployment compensation received is on Line 7 of Schedule 1. The result flows to Form 1040 Line 8.
You need to update your software. Current Release is R.25.0
April 9, 2021
2:05 PM