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When is the new form gonna be on the 1040 for Unemployment in order to take the exclusion?

user0607121985
Level 2

I want to know when I can expect the new form or amendment for the Unemployment in order to take the exclusion on this years 2020 taxes  Does anyone know?

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Just-Lisa-Now-
Level 15
Level 15

Maybe in tomorrows update.


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abctax55
Level 15

 Those of us that read the big banner critical alert posted at the top of the software know that it is supposed to be in tomorrow afternoon's update.

Former Chump..umm... AllStar...This message was typed from 6 feet away so you can safely read it immediately.

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andrewmancuso
Level 3

I was just trying to find guidance on what clients should do who have received unemployment benefits and have already filed.  Will they need to amend or will the IRS just send a refund?

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Just-Lisa-Now-
Level 15
Level 15
IRS hasnt given any guidance for this yet, except to say DONT amend yet.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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andrewmancuso
Level 3

Got it!  Thank you

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