Doris711
Level 2
02-22-2021
09:59 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Are you aware of any exceptions to the Kidde Tax based on unemployment received(Covid relief extended) by a dependent?
I have a client who's dependent received over $2200 in unemployment which is unearned income and as a result now has additional tax to pay.
Your assistance is appreciated.
IRonMaN
Level 15
02-22-2021
10:16 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Nope
Slava Ukraini!
dkh
Level 15
02-22-2021
10:58 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Heads up.... the F8615 has a quirky issue
Solved: Form 8615 Tax calculating incorrectly. - Intuit Accountants Community
Doris711
Level 2
02-24-2021
01:19 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
No, I haven't received an answer to my question. Only that there is currently an issue with the system calculating the tax. Do you have an answer or information that would be helpful?
Thank you!