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When will Turbotax software be updated to exempt the first $10,200 of unemployment income from being taxed????????????????????????
Turbotax currently includes ALL unemployment income as part of total income, but the new tax rules just signed exempt the first $10,200 from taxes. This is NOT being reflected in the software calculations yet. So wondering when this will get updated in the software.
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March 13, 2021
11:30 AM