https://ttlc.intuit.com/community/taxes/discussion/with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2056832#M740573 This will make a huge difference for me just wondering if it will reflect quickly on turbo tax side or what. Wed, 10 Mar 2021 14:27:51 GMT kristinyonkers 2021-03-10T14:27:51Z https://ttlc.intuit.com/community/taxes/discussion/with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2056832#M740573 This will make a huge difference for me just wondering if it will reflect quickly on turbo tax side or what. Wed, 10 Mar 2021 14:27:51 GMT https://ttlc.intuit.com/community/taxes/discussion/with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2056832#M740573 kristinyonkers 2021-03-10T14:27:51Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2056842#M740579 <P>After the legislation has passed Congress and after the President has signed the legislation and after the IRS has written the rules, regulations and procedures.&nbsp; And after the IRS has changed any forms or schedules to accept the tax code changes.&nbsp; And after the IRS has approved the changes in the TurboTax program that apply to the tax code changes, then it will be available for the users of the tax preparation software.</P> <P>This can take anywhere from several weeks to several months before it becomes available.</P> Wed, 10 Mar 2021 14:30:42 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2056842#M740579 DoninGA 2021-03-10T14:30:42Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2056861#M740583 <P>tax break on UI payments is a 2021 law. that goes on your 2021 tax return if you collect UI in 2021.</P> Wed, 10 Mar 2021 14:35:38 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2056861#M740583 fanfare 2021-03-10T14:35:38Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2064728#M743189 <P>Nope.&nbsp; The new law is an exemption against 2020 Unemployment received and applies to 2020 taxes&nbsp;</P> Thu, 11 Mar 2021 22:07:31 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2064728#M743189 CM2150 2021-03-11T22:07:31Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2065960#M743626 <P>Not true. &nbsp;The $10.200 UI tax waiver is for 2020 tax year not 2021.</P><P>&nbsp;</P><P>&nbsp;</P> Fri, 12 Mar 2021 02:05:12 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2065960#M743626 cbs0605 2021-03-12T02:05:12Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2066242#M743726 <P>The congress already wrote all the rules, regulations, and procedures for the past weeks; that is why it took a while before it went over to the Senate.&nbsp; It has passed the Senate...and everyone knew yesterday when you wrote your reply, that of course the President would sign it. (It's his bill!)&nbsp; He has signed it.&nbsp; Turbo tax should have been starting to update their program this week and at least notify us that it that it would be done within the next week.&nbsp; Several months is absolutely a no go for me and I'll use another service thank you.</P> Fri, 12 Mar 2021 03:12:45 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2066242#M743726 ccdragonfly 2021-03-12T03:12:45Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2066247#M743727 <P>Why do people answer on this page when they don't know.&nbsp; It's absolutely targeted for year 2020 (last year) it covers the boost that was given to the unemployed.</P> Fri, 12 Mar 2021 03:11:23 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2066247#M743727 ccdragonfly 2021-03-12T03:11:23Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2066630#M743888 <P>oops. sorry, my mistake. I didn't read the bill !</P> Fri, 12 Mar 2021 05:23:43 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2066630#M743888 fanfare 2021-03-12T05:23:43Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2066738#M743926 <P>wrong</P> Fri, 12 Mar 2021 06:35:31 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2066738#M743926 goodty1 2021-03-12T06:35:31Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2067094#M744037 <P>does this mean everyone that had uc benefits will have to complete a 1040x</P> Fri, 12 Mar 2021 11:36:43 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2067094#M744037 rpendolphia 2021-03-12T11:36:43Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2067573#M744176 <P>Now that the bill is approved, the IRS has to determine how to support the change.&nbsp; Stay tuned.&nbsp;</P> Fri, 12 Mar 2021 14:39:28 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2067573#M744176 CM2150 2021-03-12T14:39:28Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2068025#M744335 <P>When should I be filing my taxes to get the credit?</P> Fri, 12 Mar 2021 16:15:20 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2068025#M744335 Girle2077 2021-03-12T16:15:20Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2069580#M744874 <P>Yeah, it should be that way, normally, &nbsp;but the leg work for this should of been done. &nbsp;It should &nbsp;just need applied to tax programs. &nbsp; &nbsp;This was known about for several months. &nbsp; With democratic majority, also, made it inevitable. &nbsp; So the planning and details should of been all worked out.</P> Fri, 12 Mar 2021 20:47:48 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2069580#M744874 Dkfowl 2021-03-12T20:47:48Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2069596#M744880 <P>No, that is not the case. &nbsp; It's for 2020 tax year for unemployment collected in 2020 &nbsp; It probably will be expanded to 2021 for those who didn't get to file a amended return&nbsp;</P> Fri, 12 Mar 2021 20:58:46 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2069596#M744880 Dkfowl 2021-03-12T20:58:46Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2070614#M745246 <P>It applies to your 2020 taxes. The height of the pandemic and unemployment claims were in 2020.</P> Fri, 12 Mar 2021 23:47:58 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2070614#M745246 JoeK29 2021-03-12T23:47:58Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2072425#M745805 <P>Hello,&nbsp;<a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/113">@DoninGA</a>&nbsp;</P><P>Will this be available before April 15?</P><P>Thank you,</P><P>Teresa M.&nbsp;</P> Sat, 13 Mar 2021 14:18:17 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2072425#M745805 teresamorgan0301969 2021-03-13T14:18:17Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2072539#M745841 <BLOCKQUOTE><HR /><a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/2905131">@teresamorgan0301969</a>&nbsp;wrote:<BR /> <P>Hello,&nbsp;<a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/113">@DoninGA</a>&nbsp;</P> <P>Will this be available before April 15?</P> <P>Thank you,</P> <P>Teresa M.&nbsp;</P> <HR /></BLOCKQUOTE> <P>I would expect the software to be updated by the end of March or early April at the latest.</P> Sat, 13 Mar 2021 15:03:32 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2072539#M745841 DoninGA 2021-03-13T15:03:32Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2073395#M746147 <P>Thank you,&nbsp;<a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/113">@DoninGA</a>&nbsp;</P> Sat, 13 Mar 2021 17:50:54 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2073395#M746147 teresamorgan0301969 2021-03-13T17:50:54Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2073728#M746299 <P>Incorrect</P><P>First $10,200 of UI benefits received in 2020 is covered in the most recent legislation</P><P>&nbsp;</P> Sat, 13 Mar 2021 18:45:54 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2073728#M746299 BVL1 2021-03-13T18:45:54Z https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2080002#M748531 <P>From the content and tone of Intuit's responses, they don't seem to know (or care).</P><P>&nbsp;</P> Sun, 14 Mar 2021 21:10:52 GMT https://ttlc.intuit.com/community/taxes/discussion/re-with-the-house-set-to-approve-10-200-of-unemployment-being-tax-free-with-turbo-tax-automatically/01/2080002#M748531 joepsca 2021-03-14T21:10:52Z