Submitted by Tazzino1 on 03-11-2021 03:48 PM
To whom it may concern,
What plans do you have for helping hundreds of my fellow tax preparers with regard to the new tax changes being approved?
Unemployment & Child tax credit- we have to do amended returns for dozens to hundreds of our clients depending on the size of the practice. We need an update/filter that will be able to single out every return we e-filed already that has unemployment and or gets Child tax credits.
The NEW laws will allow $10,500.00 of unemployed payments forgiven per person. If married filing jointly then $10,500.00 per person That needs to be part of your update.
Same exact thing applies to the child tax credit moving up as well?
Please advise as this is a NIGHTMARE for any tax preparer, thank you.
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