https://ttlc.intuit.com/community/taxes/discussion/why-is-my-unemployemt-being-taxed-i-thought-the-first-10200-is-exempt-i-am-a-student-my-agi-is-9300/01/2086940#M750990 Mon, 15 Mar 2021 21:18:59 GMT willdrum99 2021-03-15T21:18:59Z https://ttlc.intuit.com/community/taxes/discussion/why-is-my-unemployemt-being-taxed-i-thought-the-first-10200-is-exempt-i-am-a-student-my-agi-is-9300/01/2086940#M750990 Mon, 15 Mar 2021 21:18:59 GMT https://ttlc.intuit.com/community/taxes/discussion/why-is-my-unemployemt-being-taxed-i-thought-the-first-10200-is-exempt-i-am-a-student-my-agi-is-9300/01/2086940#M750990 willdrum99 2021-03-15T21:18:59Z https://ttlc.intuit.com/community/taxes/discussion/re-why-is-my-unemployemt-being-taxed-i-thought-the-first-10200-is-exempt-i-am-a-student-my-agi-is/01/2086959#M750997 <P>See this TurboTax support FAQ for information for the unemployment compensation exclusion -&nbsp;<A href="https://ttlc.intuit.com/community/tax-topics/help/how-do-i-claim-the-new-unemployment-benefits-in-turbotax/00/2081055" target="_blank" rel="noopener">https://ttlc.intuit.com/community/tax-topics/help/how-do-i-claim-the-new-unemployment-benefits-in-tu...</A></P> <P>&nbsp;</P> <P><SPAN>Also see this IRS statement -&nbsp;<A href="https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021" target="_blank" rel="noopener nofollow noopener noreferrer">https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021</A></SPAN></P> Mon, 15 Mar 2021 21:20:17 GMT https://ttlc.intuit.com/community/taxes/discussion/re-why-is-my-unemployemt-being-taxed-i-thought-the-first-10200-is-exempt-i-am-a-student-my-agi-is/01/2086959#M750997 DoninGA 2021-03-15T21:20:17Z https://ttlc.intuit.com/community/taxes/discussion/re-why-is-my-unemployemt-being-taxed-i-thought-the-first-10200-is-exempt-i-am-a-student-my-agi-is/01/2086964#M751000 <P class="p1"><A href="https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/01/1393859#U1393859" target="_blank">https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/01/1393859#U1393859</A></P> <P class="p2">&nbsp;</P> <P class="p1">You are among millions who have now been affected by a mid-tax season change in the tax law.<SPAN class="Apple-converted-space">&nbsp; </SPAN>Patience will be necessary.</P> <P class="p1">TurboTax will update the software for the unemployment but there is no timeline yet.</P> <P class="p3"><SPAN class="Apple-converted-space">&nbsp; </SPAN>If you have not e-filed yet—-wait. <SPAN class="Apple-converted-space">&nbsp; </SPAN>And if you already e-filed and want to amend for this—WAIT.</P> <P class="p4">&nbsp;</P> <P class="p3"><SPAN class="s1"><A href="https://ttlc.intuit.com/community/tax-topics/help/how-do-i-get-the-new-unemployment-benefits-if-i-ve-already-filed-my-taxes/00/2081053" target="_blank">https://ttlc.intuit.com/community/tax-topics/help/how-do-i-get-the-new-unemployment-benefits-if-i-ve-already-filed-my-taxes/00/2081053</A></SPAN></P> <P class="p4">&nbsp;</P> <P class="p4">&nbsp;</P> <P class="p3">Please read this very recent news from the IRS:</P> <P class="p4">&nbsp;</P> <P class="p3"><A href="https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021" target="_blank">https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021</A></P> Mon, 15 Mar 2021 21:20:40 GMT https://ttlc.intuit.com/community/taxes/discussion/re-why-is-my-unemployemt-being-taxed-i-thought-the-first-10200-is-exempt-i-am-a-student-my-agi-is/01/2086964#M751000 xmasbaby0 2021-03-15T21:20:40Z