THIS IS THE ANSWER: Once the update is available: ProSeries will make an automatic adjustment to federal returns that qualify for the exclusion. The adjustment will show on the Other Income Statement line 23E and flow to the Schedule 1 line 8.
MY QUESTION: I did the updates and run the query but i don't see the line 23E on the other income statement. Unemployment is not being updated.
my fear doing it your way.... delayed refund
We know that IRS accepts easily. But without a worksheet (that they have for their printed forms) just putting UCE and a negative amount on Schedule 1 may just delay a refund, something that I'm not willing to chance.
I see others doing the same as you but I'll wait, especially if it affects a State return as well
My GF works for H&R Block and THEIR program is updated to account for this... our original complaint still stands.. PROSERIES said it would be updated Thursday afternoon and here we are Friday morning with no update and NO WORD from Proseries what to expect!