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Level 2
posted Mar 24, 2021 12:44:12 PM

When will software be updated ?

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4 Replies
Expert Alumni
Mar 24, 2021 1:08:23 PM

If you are referring to the unemployment exclusion update then this is updated in TurboTax Online. You can see the exclusion of unemployment on line 8 Schedule 1.

 

  1. Click on "Tax Tools" in the left menu
  2. Click "Tools"
  3. Click "View Tax Summary" in the Tool Center window
  4. Click on "Preview my 1040" on the left

If your modified adjusted gross income (AGI) is less than $150,000, then you can exclude up to $10,200 of unemployment compensation paid in 2020 from your taxable income. Amounts over $10,200 for each individual are still taxable.

 

 

If this does not answer your question then please provide more details.

Level 2
Mar 24, 2021 1:54:51 PM

Actually I am interested to know when the desk top software will be updated to reflect May 17 filing date so I can file now and set payment date in early May. Presently payment date must be before April 15. 

Intuit Alumni
Mar 24, 2021 6:34:04 PM

If you are having issues and need assistance, please contact customer support. Please see the Customer Support phone number hereIf you would like to reach out through our website, please see the TurboTax FAQ below for contact information: https://support.turbotax.intuit.com/contact/

Level 2
Mar 24, 2021 7:46:19 PM

Your response doesn’t even come close to answering my question. You waste people’s time posting answers like this.