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State tax filing
The software is being updated for the latest changes enacted as part of the American Rescue Plan. One of the provisions involved items such as not taxing part of unemployment income. In general, each state has different rules on whether they tax unemployment or not. As such, the software needs to be updated to ensure all states are reporting the adjustment correctly to ensure your state return is prepared correctly.
IRS Statement on American Rescue Plan
Once the software is updated, you will be able to electronically file your tax return. It has been a tax year full of changes and it does take a bit of time to update the program to ensure your return is filed correctly.
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March 21, 2021
7:37 AM