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Deductions & credits
@tgroff wrote:
I deleted the unemployment and re-entered it and Turbo tax still did not deduct the stimulus deduction for unemployment payments.
Look at Schedule 1 on Line 7 for the unemployment compensation you entered. On Line 8 of the Schedule 1 should be exclusion amount entered as a negative number. The word UCE will be written in the space to the left of box 8. Is the exclusion amount entered?
Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.
March 22, 2021
12:40 PM