najj
Level 1
03-13-2021
03:44 PM
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Any Idea if and when the updates coming on the 10,200 exemption from taxes on the unemployment
income
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jeffmcpa2010
Level 11
03-13-2021
03:54 PM
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take 5 minutes and look through any of the dozens of threads in the last few days asking the same question and you can find your answer
Dave Kropp
Level 3
03-13-2021
04:11 PM
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The exclusion should be reported separately from your unemployment compensation. See the updated instructions and the Unemployment Compensation Exclusion Worksheet to figure your exclusion and the amount to enter on Schedule 1, lines 7 and 8.
dmccpa
Level 3
03-15-2021
02:37 PM
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IS the $150k MAGI for single taxpayers?