Follow the IRS instructions - the exemption does not go on the unemployment line.
Use the Other income worksheet and enter on line 24 UCE and a negative amount you want to exclude - that carries to Schedule 1 line 8
I did an update the morning of the 18th and it appears that update did not include the unemployment exclusion. I've since tried to update and no updates are available, proseries has been slow to give information. I came in earlier this morning, 19th, still nothing. Were is proseries? Shouldn't they advise us as to what's going on?
Proseries did have the query updated so you can lookup all unemployment clients. Just drag client status next to it and you can see ones already accepted that will have to be dealt with. I really doubt the IRS can simply change returns on their end. What if a client has an amount due but of course has not paid it yet? Does IRS give them refund of what they have not yet paid?
I agree. Intuit should be providing more communication about the program update. Also, there does appear to be problems when the update is installed. I had to use a special procedure to install the update (Repair Updates). But it still did not work. Maybe we will get additional news today. I have not logged into the program yet.
Thanks for your response.
No Pro series update this morning (19th) for the unemployment. I knew better than to hold my breath.
Hope we get some NYS guidance soon - what happens when they update the federal for the worksheet when it flows to the state returns?