Ask Terry Questions Unemployment

Unemployment

By Terry Savage on March 29, 2021 | Wild Card

Regarding the new update on the $10,200 credit for unemployment income, did I hear you on the radio at one point mention that this is not built into the current TurboTax online program? I have just completed my taxes (not filed, but completed) and I didn’t see it come up anywhere. What do you advise?

Terry Says

I’m told that most online tax prep providers have now updated their forms. So you might want to start over with the new forms. It’s on line 7 and 8.

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