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New Member
posted Jun 18, 2021 4:43:53 AM

Does my standard deduction include the $10,200 deduction?

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2 Replies
Level 15
Jun 18, 2021 5:12:08 AM

NO ... the standard deduction has nothing to do with the unemployment EXCLUSION which is reported on the Sch 1 line 8. 

Level 15
Jun 18, 2021 5:47:00 AM

Q.  Does TurboTax (TT)) automatically include the $10,200 deduction?

A.  Yes.  Look at Schedule 1, line 8, to verify that happened.

 

That answer assumes  you prepared your taxes, in TT, after the program was updated (about 2 months ago).