Since these postings, there is a Federal Unemployment Compensation Exclusion applying to the tax on the first $10,200 of Unemployment compensation received.
However, what is the current status vis-a-vis NY State, other than a "decoupling" ? Should we wait before filing our state returns, and is TT going to reflect this ? TT just recently updated the software (for both online and desktop versions) for the UCE to take effect.
Somewhat confusing in that States generally follow suit with Federal guidance such as extensions, etc.,
Thanks for any help anyone can throw out there ..
alec
