After you file

There is a new unemployment exclusion that goes on 2020 returns.  Some of the other changes like child credits are for this year 2021.  

 

Did you get unemployment?  Up to 10,200 can be excluded.  Just enter your 1099G.

Enter a 1099G for unemployment under

Federal on left

Wages & Income at top

Unemployment - Click the Start or Update Button

 

If your modified AGI is $150,000 or more, you can’t exclude any unemployment compensation. The exclusion will be on Schedule 1 Line 8 as a negative number. Your unemployment compensation will be on Line 7 of Schedule 1. The result flows to Form 1040 Line 8.