- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Yes! It is first recorded on Schedule 1 as Unemployment Compensation on line 7.
Then on line 8 there is a UCE (Unemployment Compensation Exclusion) of -$10,200.
This is then carried over and posted to your tax return (1040) on line 8.
So, it’s already included.
Unemployment Stimulus: Am I Eligible for the New Unemployment Income Relief?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
April 12, 2021
5:05 AM