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Level 1
March 18, 2021
Question

Why is the new update for unemployment not adjusting Social Security taxability correctly

  • March 18, 2021
  • 1 reply
  • 7 views

When you check the box to fix the unemployment issue is does that, but it does not adjust taxable Social Security.  Is there a fix in the works for this

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1 reply

Level 15
March 18, 2021

It is not supposed to adjust Social Security.  So I'm happy that Intuit did it correctly.

Level 2
March 19, 2021

Why?  Where in the Bill does it say it doesn't adjust Social Security?

Level 15
March 19, 2021

The Unemployment Exclusion is in Section 9042 of the bill.  Look at all of the "Conforming Amendments".