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Level 2
posted Mar 25, 2021 9:32:32 PM

Does anyone know when TurboTax will update for the $10,200 unemployment exemption?

Many people are waiting for the update for the $10,200 unemployment exemption. The least they could do is issue a  press release with this information. The fact that TurboTax is stone cold silent about it with no info whatsoever gives me a really, really bad impression of TurboTax.

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2 Replies
Level 15
Mar 26, 2021 7:14:31 AM

The desktop versions appear to have been updated very recently. 

 

If you are using a desktop version, update your software.

Level 2
Mar 26, 2021 11:13:57 AM

As of late last night (3/25/21) when I asked this question, I had just checked for updates as I had been doing daily for the last couple weeks. As of then, there was no update.
This morning I checked for updates again and they finally updated the Federal for the unemployment exemption today. However, there is a message that they haven't yet updated the states and if you file your return before they do, you might have to file an amended return.