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Is Proseries working on a software change for the new Unemployment exclusion

mimiprep
Level 2
 

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5 Comments 5
Just-Lisa-Now-
Level 15
Level 15

Nope.  They say were on our own! 🙄

Of course they're working on it!  The ink has barely dried on the signing of the bill though, it will be weeks before the IRS and software companies are prepared for these changes.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
IRonMaN
Level 15

There is a new unemployment exclusion?  I wasn't aware of that.


Slava Ukraini!
joeyman1957
Level 2

It will be weeks before the IRS and software attend to the proper form and procedure

in deducting 10,200.00 maximum Federal unemployment deduction?

Either they extend the deadline or get busy and get this done asap!

Imagine filing all these tax returns with Federal enhanced unemployment benefits included

only to amend them all because " it will be weeks before the procedures and or forms are available"?

 

IRonMaN
Level 15

Are we having fun yet? 😀


Slava Ukraini!
dascpa
Level 11

The sarcastic answer is - no they're not.  Seriously, do you really believe they wouldn't?