The IRS has released guidance on how to handle the 2020 unemployment exclusion
by LiteBulb88 Since it’s been asked about quite a bit here, the IRS has released guidance on how to handle the $10,200 unemployment exclusion: https://www.irs.gov/faqs/irs-procedures/forms-publications/new-exclusion-of-up-to-10200-of-unemployment-compensation The basic idea is that you’ll put in your unemployment amount on schedule 1, line …