lrbtax21 Posted March 29, 2021 Report Posted March 29, 2021 The 1040 is now auto deducting the 10,200 for Unemployment. Great. However, because of that, it is now excluded from income on the PTC. So, is unemployment household income for the PTC or not? 1 Quote
Lee B Posted March 29, 2021 Report Posted March 29, 2021 Current IRS Guidance does appear to include adding back the exclusion amount to arrive at Household Income. Quote Quote
Lee B Posted March 30, 2021 Report Posted March 30, 2021 2 hours ago, cbslee said: Current IRS Guidance does not appear to include adding back the exclusion amount to arrive at Household Income. Darn, I left out a word Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.