Drake Software - Unemployment Update

Key tips and advice the working tax pro can use.
#1
CathysTaxes  
Moderator
Posts:
3555
Joined:
21-Apr-2014 9:41am
Location:
Suburb of Chicago
Just received this:

UNEMPLOYMENT

The prior guidance on using worksheet 7 to put the unemployment is it not what the IRS wants at this time. We have heard that other software companies are "updated" but the IRS has not issued official guidance yet, so that cannot be true yet. So by the direction of the IRS, any return with unemployment should be held until we have the updated schema from the IRS and a tax software update. We are projecting end of the month, the 31st.
Cathy
CathysTaxes
 

Return to Tax Prep: Important tips and advice



Who is online

Users browsing this forum: No registered users and 5 guests