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Why isn't the tax break for unemployment working yet? We shouldn't be taxed on under $10k.

 
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Why isn't the tax break for unemployment working yet? We shouldn't be taxed on under $10k.

 

https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/01/1393859...

 

You are among millions who have now been affected by a mid-tax season change in the tax law.  Patience will be necessary.

TurboTax will update the software for the unemployment but there is no timeline yet.

  If you have not e-filed yet—-wait.   And if you already e-filed and want to amend for this—WAIT.

 

https://ttlc.intuit.com/community/tax-topics/help/how-do-i-get-the-new-unemployment-benefits-if-i-ve...

 

 

Please read this very recent news from the IRS:

 

https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Why isn't the tax break for unemployment working yet? We shouldn't be taxed on under $10k.

Please be patient.  It will likely take a couple of weeks for the changes to be programmed, tested, and verified by the IRS before Turbotax is allowed to release them.  You can sign up here for email notification when the program is ready.

https://ttlc.intuit.com/community/tax-topics/help/how-do-i-claim-the-new-unemployment-benefits-in-tu...

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