The IRS has released the NEW worksheet for the unemployment exclusion up to $10,200 on your individual return (Form 1040). The guidance from before March 24, 2021, was incorrect and has now been corrected. Join Larry Gray, CPA, as he walks you through the new worksheet line by line! It's important to watch even if you're using a tax preparation software because not all software will calculate it correctly!


Check out our other Stimulus Checks videos!👇
How to get the Right Stimulus Payment on your 2020 Tax Return
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Never Got Your Second Stimulus Check? Or First One? Here's What You Do!
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NEW Charitable Contribution Deductions Explained | CARES ACT UPDATE 2020
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AGC Solutions does not provide tax, legal or accounting advice. This content has been prepared for informational purposes only and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. Also, tax law is ever-changing and every effort should be made to seek out the most current information. Make sure to check date of published content to ensure most current information.

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