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Deductions & credits
Yes i did. If i didn't enter unemployment, my AGI (line 11 shown as $63,782 , on line 10a (this is from IRA deduction shown $250)
If i enter my unemployment, my AGI shown as $67,742, on line 10a (IRA deduction) shown as $4,210
So the descrapancies is on IRA deduction because my unemplyoment was added on my AGI resulting on reduction on my IRA deduction.
My unemployment compensation was $6,600 and since my AGI less than $150,000 the first $10,200 on unemployment should not be taxable right?
May 17, 2021
8:52 AM