Retirement tax questions

@SeaLady321 Have no idea where you are seeing instructions for answering NO if you received unemployment compensation.

Follow the steps I posted to enter the Unemployment Compensation

Unemployment TTD.JPG

 

IF you received unemployment compensation reported on a Form 1099-G, then when asked if you received unemployment on a Form 1099-G, answer YES.  After entering the amount received the TurboTax program will calculate the exclusion.

 

The exclusion is reported on Schedule 1 Line 8 as a negative number.  The unemployment compensation received is on Line 7 of Schedule 1.  The result flows to Form 1040 Line 8.