JohnB5677
Expert Alumni

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?

 

@Kaput

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