Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Mar 12, 2021 12:54:25 AM

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

0 3 601
3 Replies
Level 15
Mar 12, 2021 6:09:17 AM

https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/01/1393859#U1393859

 

 

 

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.

Level 3
Mar 25, 2021 9:46:44 AM

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 (Your program still says April 15) I didn't pay for an outdated program!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!

Expert Alumni
Mar 25, 2021 1:13:37 PM

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