I am using the digital download of Turbo Tax Premier 2020. I have been checking for updates daily. Hoping that the newest update will include a fix for the $10,200 unemployment exclusion. I see that last night the TT online version updated to exclude the qualifying employment.
However, after checking for updates on the digital version this morning there are none. My return still reflects taxes on the full unemployment.
Is there a time line for when updates will be available for the digital versions of Turbo Tax?
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Please follow the instructions here to run manual updates on your Turbo Tax software.
TRIED THE MANUAL METHOD THAT WAS RECOMMENDED AND THE UPDATE FOR THE EXCLUDED $10,200 OF UNEMPLOYMENT DID NOT HAPPEN. WHEN WILL THE DIGITAL DOWNLOAD VERSION BE AVAILABLE??
The IRS just released more information yesterday, so Turbo Tax is working to get everything updated.
Please click here to sign up and be notified once everything is up to date.
We are Hoping for tomorrow March 25. The Desktop updates usually come out on Thursdays. They have already updated the online version.
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