https://ttlc.intuit.com/community/taxes/discussion/the-21-stimulus-bill-is-making-it-so-2020-unemployment-benefits-are-not-taxed-has-this-change-been/01/2043243#M736198 The amendment in the final stimulus bill will make the first $10,200 in unemployment benefits received in 2020 non-taxable. Has this been noted in TurboTax yet? I want to make sure that the unemployment I received will not be automatically taxed in TurboTax. Sun, 07 Mar 2021 23:26:13 GMT hylandlipski 2021-03-07T23:26:13Z https://ttlc.intuit.com/community/taxes/discussion/the-21-stimulus-bill-is-making-it-so-2020-unemployment-benefits-are-not-taxed-has-this-change-been/01/2043243#M736198 The amendment in the final stimulus bill will make the first $10,200 in unemployment benefits received in 2020 non-taxable. Has this been noted in TurboTax yet? I want to make sure that the unemployment I received will not be automatically taxed in TurboTax. Sun, 07 Mar 2021 23:26:13 GMT https://ttlc.intuit.com/community/taxes/discussion/the-21-stimulus-bill-is-making-it-so-2020-unemployment-benefits-are-not-taxed-has-this-change-been/01/2043243#M736198 hylandlipski 2021-03-07T23:26:13Z https://ttlc.intuit.com/community/taxes/discussion/re-the-21-stimulus-bill-is-making-it-so-2020-unemployment-benefits-are-not-taxed-has-this-change/01/2043278#M736210 <P>No.&nbsp; It is not even law yet and if it becomes low then the IRS must develop the regulations and methods of implementing it.&nbsp; Could take months.</P> Sun, 07 Mar 2021 23:32:26 GMT https://ttlc.intuit.com/community/taxes/discussion/re-the-21-stimulus-bill-is-making-it-so-2020-unemployment-benefits-are-not-taxed-has-this-change/01/2043278#M736210 macuser_22 2021-03-07T23:32:26Z https://ttlc.intuit.com/community/taxes/discussion/re-the-21-stimulus-bill-is-making-it-so-2020-unemployment-benefits-are-not-taxed-has-this-change/01/2043280#M736211 <P>This bill has <STRONG>not</STRONG> yet been enacted into law.&nbsp; Assuming it does, the IRS must then develop procedures for handling it; which TT must then program, test and then have approved by the IRS. So stay tuned.</P> Sun, 07 Mar 2021 23:32:17 GMT https://ttlc.intuit.com/community/taxes/discussion/re-the-21-stimulus-bill-is-making-it-so-2020-unemployment-benefits-are-not-taxed-has-this-change/01/2043280#M736211 SweetieJean 2021-03-07T23:32:17Z https://ttlc.intuit.com/community/taxes/discussion/re-the-21-stimulus-bill-is-making-it-so-2020-unemployment-benefits-are-not-taxed-has-this-change/01/2079187#M748236 <P>I'm waiting to see what happens after.&nbsp; Will we have to amend it.&nbsp; If this goes through?</P> Sun, 14 Mar 2021 19:15:25 GMT https://ttlc.intuit.com/community/taxes/discussion/re-the-21-stimulus-bill-is-making-it-so-2020-unemployment-benefits-are-not-taxed-has-this-change/01/2079187#M748236 majestie 2021-03-14T19:15:25Z https://ttlc.intuit.com/community/taxes/discussion/re-the-21-stimulus-bill-is-making-it-so-2020-unemployment-benefits-are-not-taxed-has-this-chan/01/2079263#M748265 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">You might have to amend, you they can do a credit for 2021. There is no information from the IRS regarding unemployemtn exclusion&nbsp;yet.&nbsp;</SPAN></SPAN></P> Sun, 14 Mar 2021 19:26:00 GMT https://ttlc.intuit.com/community/taxes/discussion/re-the-21-stimulus-bill-is-making-it-so-2020-unemployment-benefits-are-not-taxed-has-this-chan/01/2079263#M748265 npierson7 2021-03-14T19:26:00Z