mmm
Level 2
08-11-2021
04:22 PM
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We've been receiving IRS notices for clients with refunds due because of unemployment income. It seems as though the IRS is allowing $20,400 excluded on a MFJ return, even if all of the unemployment was for one person. That is not how the law reads, and it is not how Lacerte is calculating the exclusion. Has anyone else seen this?
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