Should I enter the amount of unemployment benefits do you subtract the 10,200 from that total or dies turbo tax software do it for you?
01245
1 Replies
VolvoGirl
Level 15
Jun 23, 2021 2:02:01 PM
Enter the full amount. Turbo Tax will subtract the 10,200 if you qualify.
Your unemployment compensation will be on Schedule 1 line 7.The exclusion will be on Schedule 1 Line 8 as a negative number. The result flows to Form 1040 Line 8.