Is anyone else experiencing issues with 1099-G still deducting money with the new bill that passed allowing anyone under $10,000 to be exempt?

kennyleindecker · ‎March 13, 2021

macuser_22 · ‎March 13, 2021

The $10,200 unemployment retroactive to 2020 was just signed into law. Now the IRS is responsible for writing regulations and rules for claiming it.

It will take some time for the final rules and changes.

The IRS has released new instructions for reporting this that should not take very long to incorporate.

https://www.irs.gov/faqs/irs-procedures/forms-publications/new-exclusion-of-up-to-10200-of-unemploym...

**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.**

SweetieJean · ‎March 13, 2021

TT must still program and test this, and get the IRS to approve it.

Expert does your taxes

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Is anyone else experiencing issues with 1099-G still deducting money with the new bill that passed allowing anyone under $10,000 to be exempt?

Is anyone else experiencing issues with 1099-G still deducting money with the new bill that passed allowing anyone under $10,000 to be exempt?

Is anyone else experiencing issues with 1099-G still deducting money with the new bill that passed allowing anyone under $10,000 to be exempt?

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Is anyone else experiencing issues with 1099-G still deducting money with the new bill that passed allowing anyone under $10,000 to be exempt?

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