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Level 2
posted Mar 29, 2021 12:25:30 PM

Has anyone received Turbotax 2020 software update for the $10200 unemployment exclusion? I have the desktop Premier version and am still waiting for the update.

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2 Replies
Level 15
Mar 29, 2021 12:31:31 PM

The software update for the unemployment compensation exclusion was made available across all TurboTax platforms, online and desktop, on 03/26.

 

If you are using the TurboTax desktop program for Windows update your software.  Click on Online and Check for Updates.

Verify your version.  Click on Help>About TurboTax>Version.  You should have Version 020.000.1688

 

The exclusion is shown on Schedule 1 Line 8 as a negative number.  Your total unemployment compensation is shown on Line 7.

 

 

Level 15
Mar 29, 2021 12:31:47 PM

if have DT deluxe and it's been updated for about a week.