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When entering the total unemployment benefits received, do I subtract the 10,200 tax break or enter the full amount?

 
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When entering the total unemployment benefits received, do I subtract the 10,200 tax break or enter the full amount?

Enter the full amount on the 1099G.  

You don't have to do anything special to get it.  It is automatic.  Just enter your 1099G.  If the exclusion doesn't show up you may need to update the Desktop program.  If updating doesn't help or you are using the Online version then delete the 1099G and re enter it.

 

If you have unemployment you can exclude up to 10,200 if your income is under $150,000.  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.

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