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Have the $10,200 unemployment forms been updated?
Has Turbotax updated the forms for the $10,200 federal tax free unemployment compensation?
If I had already entered the unemployment, do I need to re-inter it?
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TurboTax Online has been updated for the $10,200 unemployment exclusion. The CD/Download TurboTax software has not yet been updated.
You do not have to reenter the unemployment. TurboTax will recalculate the tax return for the exclusion.
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I downloaded the Turbotax software to my PC. Does that mean I have not received the update? Are those users who are strictly online the only ones who have received the update?
I have clicked on Updates, and the message is my software if up to date.
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@Judy F wrote:
I downloaded the Turbotax software to my PC. Does that mean I have not received the update? Are those users who are strictly online the only ones who have received the update?
I have clicked on Updates, and the message is my software if up to date.
Yes, that's what it means. Only TurboTax Online has been updated for the unemployment exclusion. The downloaded software has not been. You have the latest update that is available, but the update for the unemployment exclusion is not available as of this moment.
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Any estimate as to when the PC download users update will be available?