After you file

The correct way the unemployment on the return  is to have it show on the  sch 1 line 7 (full amount received) and the exclusion on the sch 1 line 8 (up to the amount on line 7 or the max allowed).    No CP2000 will be issued because you DID report all your income.  The exclusion is a totally separate matter. 

 

The netting of the hobby income against the exclusion is just math.  See the statement showing them both being reported.