Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Unemployment Compensation Exclusion

Gloria2
Level 1

We now have a problem with the Virginia state return.  Virginia was already subtracting the unemployment from the federal AGI.  Now it taking that deduction twice.  Help!

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

3 Comments 3
electrictaxguy
Level 1

I discovered the same issue with California. CA starts with Federal AGI, which will the new UCE exclusion has been reduced, then on CA Adjustment form it is deducting the full amount of Unemployment entered on the Federal return. On the CA Adjustment in the "Other Income" section, entered "USE Excluded on Federal return" and entered the $10,200 as an addition to CA AGI. Not sure what or when Pro Series will correct this. 

0 Cheers
TaxGuyBill
Level 15

Yeah, I think many states are either screwed up or require manual entry now.

0 Cheers
mohan
Level 3

Is there any updates for NY state unemployment exempt income. Fully taxable or same as Federal?

0 Cheers