Good Evening, I don't know what to do for the $10,200 tax free unemployment. Is Turbo Tax Software updated for this or I still have to wait for it to update. Then, file.
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You are among millions who have now been affected by a mid-tax season change in the tax law. Patience will be necessary.
TurboTax will update the software for the unemployment but there is no timeline yet.
If you have not e-filed yet—-wait. And if you already e-filed and want to amend for this—WAIT.
Please read this very recent news from the IRS:
https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021
understand. thank you
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