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Unemployment tax break of $10,200?

cabooktax
Level 2

Hi there,

 

How to i enter the unemployment tax break of $10,200 on the proseries basic edition for 2020 tax year?

 

Is there a special worksheet or a tax form?

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1 Solution

Accepted Solutions
IntuitCharlene
Moderator
Moderator

While we await President Biden's signature on the American Rescue Plan, we are monitoring the situation very closely and will provide updates as they are available. 

For the latest and greatest, check out our COVID-19 Resource Center, our Tax Pro Center post about the American Rescue Plan, or the Tax Law and News on the Tax Pro Center.

Of course we will also post any relevant product updates here in the Accountants Community under the News & Updates sections in the community.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Accept as solution"

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4 Comments 4
IntuitCharlene
Moderator
Moderator

While we await President Biden's signature on the American Rescue Plan, we are monitoring the situation very closely and will provide updates as they are available. 

For the latest and greatest, check out our COVID-19 Resource Center, our Tax Pro Center post about the American Rescue Plan, or the Tax Law and News on the Tax Pro Center.

Of course we will also post any relevant product updates here in the Accountants Community under the News & Updates sections in the community.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Accept as solution"
d186
Level 2

will we have to file amended returns, and will there be a place for it on the form, once it is signed by Biden

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Glenn Goldsmith
Level 1

Any updates?

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d186
Level 2

can we amend those returns once the program is updated.?

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