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Level 1
posted Mar 12, 2021 11:39:54 AM

Changes to MD Income Calulation

Maryland just announced (3/10/21) changes to how UI Unemployment Insurance benefits are taxed.  It sounds like UI benefits will be subtracted from the income calculation.

This changes is not currently reflected by Turbo Tax.  When will it be included the TT program?

 

Thank you,

 

Tom Miner

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1 Replies
Employee Tax Expert
Mar 12, 2021 4:33:02 PM

Once MD updates their software then TurboTax can update. No idea how MD is handling the update process, sorry, you will need to check back.