When will Turbo Tax be updated to comply with Arkansas Act 154 passed and signed 3/1/2021 2:06:50 PM.
Basically Arkansas unemployment payments are state tax exempt.
https://www.arkleg.state.ar.us/Bills/Detail?id=sb236&ddBienniumSession=2021%2F2021R&Search=
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Basically, it's been two days. Arkansas hasn't even published updated forms, guidelines, instructions, or anything else. It'll be a while.
File an extension and come back in a month. Odds are that Arkansas will extend the filing deadline for everyone to accommodate this. Before TurboTax or anyone else can do anything with the software, the state is going to have to update forms and procedures.
when will Turbo tax be updated to exempt Arkansas 2020 unemployment taxes
TurboTax cannot do anything until the state implements procedures for this, and then approves TurboTax's programming of those procedures.
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