Is turbotax software set up to account for the first 10200.00 of unemployment benefits that are now non taxable?

[alecianelson]

I don't know if I should be waiting for a new 1099-G or if turbotax is automatically doing that?

[rjs]

TurboTax Online has been updated to exclude the first $10,200 of unemployment benefits from your taxable income. (The CD/Download TurboTax software has not yet been updated for this.)

You will not get a new 1099-G. The exclusion is taken care of on your tax return, not on the 1099-G. The 1099-G still shows the full amount that you received.