RayW7
Expert Alumni

Deductions & credits

@jtolpin1,  The TurboTax online software is updated to reflect the exclusion of up to $10,200.

 

Make sure your TurboTax is updated and then try to update as follows.

 

First, you must enter your 1099-G. To do so, please follow the instructions below:

  1. Open or continue your tax return in TurboTax.
  2. Search for unemployment compensation and select the Jump to link.
  3. On the Did you receive unemployment or paid family leave benefits in 2020? screen, answer Yes.
  4. Follow the instructions to enter your unemployment.

Then, you can confirm it was removed by following the instructions below:

  1. Click on Tax Tools.
  2. Click on Tools.
  3. Click View Tax Summary.
  4. Click on Preview my 1040.
  5. Scroll down to Schedule 1, Part 1. You will see your unemployment on Line 7 and the deduction of up to $10,200 on Line 8.