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preston77
New Member

unemployment tax exemption update

Keep updating Turbotax software and still wants to tax unemployment under $10200 anybody else having this problem? thought software was to be updated Friday?

 

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Accepted Solutions

unemployment tax exemption update

Online versions are updated now.  Desktop with the scheduled 3/25 update.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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6 Replies

unemployment tax exemption update

Online versions are updated now.  Desktop with the scheduled 3/25 update.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
preston77
New Member

unemployment tax exemption update

thanks will run update again on 3/25

unemployment tax exemption update

Updates are usually released late afternoon Pacific time.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

unemployment tax exemption update

Update just landed for me at 1:07am CDT for Mac desktop Home & Business, updated to v2020.r23.046. Now incorporating the $10,200 unemployment exemption on Schedule 1, Form 1040. Enjoy!

TS6
New Member

unemployment tax exemption update

Mine still has not updated...:(       Any advice?

unemployment tax exemption update

4 AM EST on Friday 3/26 and online version has updated the unemployment tax threshold of $150K.

 

This was from the iRS 2nd change request they made.

 

 

 

 

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