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Unemployment insurance income

I received unemployment income of $6,000.  My income including unemployment insurance is $153,000.  If I exclude the unemployment insurance income it is $147,000.   On Schedule 1 there was an elimination of the $6000.  Is that correct??

 

Thanks

Richard

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2 Replies
rjs
Level 15
Level 15

Unemployment insurance income

Yes, that is correct. You qualify for the unemployment exclusion if your Modified Adjusted Gross Income (MAGI), excluding unemployment benefits, is less than $150,000.

 

Unemployment insurance income

thanks

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