"The IRS has made another change to the $10,200 limit on unemployment payment. It will no longer be treated as income for..."
Where do you see that?
The plain reading of the Rescue Act says that the AGI must be below $150,000 "without regard to this section.”.
In other words, the AGI is computed prior to the exclusion.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
