The worksheet shows I should meet the AGI to get the exclusion. So TT needs to update their software (again) to exclude the Unemployment Compensation, correct?
Using the IRS worksheet, I got 7B (continue to #8). I don't understand #8...I received more than $10,200 unemployment; why does it say not to enter more than $1...
Here's a link to the article:https://www.currentfederaltaxdevelopments.com/blog/2021/3/23/irs-makes-a-significant-modification-to-computation-of-arpa-excludable...
On March 12 the IRS said to include unemployment in determining modified AGI; however today (3/23) they decided that meanswithout regard to any unemployment com...
The $10,200 brings our AGI to under $150K. I've tried deleting and re-adding G but get the same results. My understanding is that it's based on *modified* AGI; ...