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[Tax Year 2020] Are State of Iowa changes released 3/26/2021 to Premier edition finalized/correct for unemployment taxation related to the American Rescue Plan?
State of Iowa tax program released 3/26/2021 for TurboTax Premier download version includes changes for the American Rescue Plan making unemployment received in 2020 not taxable for the first $10,200. The TT faq document on this subject indicates Iowa is finalized/up to date and OK to file. Everything I read says Iowa has legislation pending for this but not finalized yet?
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March 26, 2021
1:41 PM