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Level 1

Question

Waiver on unemployment taxes

Forum|Forum|5 years ago
March 7, 2021
1 reply
3 views

When will the system be updated to include the waiver for the unemployment taxes for 2020 that was just signed into the stimulus bill

Not A Product Question

Level 15

After the legislation has passed Congress and after the President has signed the legislation and after the IRS has written the rules, regulations and procedures. And after the IRS has changed any forms or schedules to accept the tax code changes. And after the IRS has approved the changes in the TurboTax program that apply to the tax code changes, then it will be available for the users of the tax preparation software.

This can take anywhere from several weeks to several months before it becomes available.

Level 2

Does the waiver of 10,900 apply to families with an AGI of < 150K