10200 Unemployment Not Being Exempt

[NeuroPsyche]

That's all very nice but who ever wrote that is a bit detached with our economic situation. 

Many cannot wait for the refunds because some are unemployed, laid off, or hours cut because of the pandemic. 

[ChessPlayer]

Again it's just communication.  They could have said something like........we have updated the on-line version as of last Thursday (3/18), but it will take an additional week to update the desktop versions.  No communication has led to confusion at best.

[philip-garbacz]

and they still dont have the online correct even thought they say they do

[DoninGA]

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@philip-garbacz wrote:

and they still dont have the online correct even thought they say they do

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Well, since the IRS decided to change the worksheet for the exclusion yesterday, of course it is not going to be correct.

https://www.irs.gov/forms-pubs/new-exclusion-of-up-to-10200-of-unemployment-compensation

[NeuroPsyche]

Yes, totally agree!

If the IRS just changed the worksheet then everything the cloud version of TT has on that worksheet will not be the same.

I wish they would just do away with these taxes every year and just give us a straight charge. 

It's ridiculous that I pay in all year, then get it back.

Large corporations should never get any money back. All the money that the trump organization sole from the people would help the people out right now.

Yes, I totally agree with you! 

[RossAngelos]

As of 03/24/21, using Turbotax Online Self Employed, this was not updated. 

Here's what I see: 

I'm not sure why do I see this message  , as I see it was stated that Online version was updated. 

[NeuroPsyche]

This is all so very strange. 

Maybe everyone at TT came down with Covid ? There densest' seem to be anyone working there. 

No one has even replied to any of the many messages in this forum and other TT forums, including the online TT. 

It's almost as if TT has fled the country and inst' coming back!