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When are you going to update tax exempt of initial $10200 of unemployment benefit in your system?

 
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3 Replies

When are you going to update tax exempt of initial $10200 of unemployment benefit in your system?

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.

It can take weeks to several months or more for the changes to be made to tax software.   First the IRS has to change its forms.   The tax software has to be changed; the IRS has to test and approve of the software.   Do not expect changes in the software to happen quickly.   TurboTax may have more information in the near future AFTER the bill is signed into law, and some more details emerge about how Congress and the IRS will implement the changes.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

When are you going to update tax exempt of initial $10200 of unemployment benefit in your system?

Well this is crap! Turbo Tax get your act together and get your program updated!! You haven't even changed your filing date yet to May 17. (Your program still says April 15) I didn't pay for an outdated program! Ohio is also now included in the states approved for the May 17 due date!

Irene2805
Expert Alumni

When are you going to update tax exempt of initial $10200 of unemployment benefit in your system?

We are working on incorporating the changes to TurboTax CD/DOWNLOAD as quickly as we can.  You can sign up here to receive an email notification when it has been completed. 

 

You can also see this TurboTax article for the latest information:  How will the third stimulus impact me?

 

@skellie1

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