unemployment tax

[Cjane4]

When will Turbo Tax be updated to handle the unemployment tax deferment?

[xmasbaby0 · Accepted solution]

https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/01/1393859...

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.

https://ttlc.intuit.com/community/tax-topics/help/how-do-i-get-the-new-unemployment-benefits-if-i-ve...

Please read this very recent news from the IRS:

https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021

[Cjane4]

Thank you so much!

[titibruno]

Has turbo tax been updated to account for the unemployment exemption?

[ToddL99]

We’re working hard to keep TurboTax up to date with the latest tax changes based on instructions we receive from the IRS. 

To get updates on our progress, go to one of the following links to sign-up:

For customers who have already filed: How do I get the new unemployment benefits if I’ve already filed my taxes? 

For customers who have not yet filed: How do I claim the new unemployment benefits in TurboTax?