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When will we get the Unemployment Compensation Exclusion Worksheet?

Gloria2
Level 1

When will the software include the Unemployment Compensation Exclusion Worksheet?  Drake already updated their software to include this worksheet.

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6 Comments 6
abctax55
Level 15

@IntuitAustin 

@IntuitBettyJo 

The egg on Intuit's face is getting heavier & heavier.    

We "know" Intuit is "working on it".   From a PR standpoint, not getting out in front of this sad.  At LEAST communicate with your paying customers.

"*******Tax software is no substitute for a professional tax preparer*******
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cs85354
Employee
Employee
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abctax55
Level 15

We're working closely with the IRS and will keep you updated on when you can expect your program to be updated.

That's fine & dandy.  For what this software costs, something more SPECIFIC would be nice rather than lip service.

 

"*******Tax software is no substitute for a professional tax preparer*******
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jeffmcpa2010
Level 11

In the time it took you to look around and ask this question (which has been asked at least 100 times before) you could have created your own spreadsheet and calculated several of the exclusions.

 

rbynaker
Level 13

@Gloria2 wrote:

When will the software include the Unemployment Compensation Exclusion Worksheet?  Drake already updated their software to include this worksheet.


If it's any consolation, Drake already has at least two calculation errors since releasing the worksheet.  If taxable Social Security is less than the full 85% it's not updating the math for the lower AGI after excluding some/all of the unemployment.  Also it's not updating AGI on Form 8962 to recalculate PTC.

But maybe we're not supposed to, I'm too brain fried to know any more.  So far all we have to go on is an IRS web page that was updated by an overworked employee on a Friday evening.

abctax55
Level 15

Rick... that actually DOES make me feel better... um, er.... less bad.

"*******Tax software is no substitute for a professional tax preparer*******
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