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- Is an update coming to address Reduced Taxability of 2020 Unemployment benefits or should I manually reduce the taxable amount
Is an update coming to address Reduced Taxability of 2020 Unemployment benefits or should I manually reduce the taxable amount
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robertmazza
Level 3
03-12-2021
01:29 PM
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Stimulus 3 exempted the first $10,200 of unemployment benefits from Federal taxation. Should I wait for an update from Intuit or reduce the taxable benefits manually? Did NYS follow the Federal law on this?
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abctax55
Level 15
03-12-2021
01:38 PM
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"*******Tax software is no substitute for a professional tax preparer*******
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