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Level 5
posted Apr 2, 2021 10:26:03 AM

Unemployment compensation up to $20,400 if married filing jointly

Hello, TurboTax. 

"The American Rescue Plan Act, enacted on March 11, allows taxpayers with modified adjusted gross income of less than $150,000 on their tax return to exclude unemployment compensation up to $20,400 if married filing jointly and $10,200 for all others, but only for 2020 unemployment benefits."

 

With that said I am filing married/jointly with an AGI under $150,000, in the TurboTax software, it is only letting me claim the $10,200 not the $20,400 (which I do qualify for).  This has to be a tech issue so when will it be fixed? 

 

Thank you,

Teresa M. 

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1 Replies
Level 15
Apr 2, 2021 11:05:33 AM

Did each of you receive unemployment compensation of $10,200 or more?

 

When you entered the unemployment compensation, did you enter the compensation for each of you, by Name, or was it entered all for one person?  Check how the compensation was entered.

 

Enter unemployment compensation in the Search box located in the upper right of the program screen. Click on Jump to unemployment compensation