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2020 Unemployment exclusion and taxable social security

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    2020 Unemployment exclusion and taxable social security

    So it was my understanding to figure taxable social security in 2020 the total amount of unemployment is used in the calculation and the exclusion amount didn't figure in. Just received a CP12 where IRS re figured return basing the taxable social security on income minus the exclusion amount and generating a larger refund for the taxpayer. Did something change? Anyone else run into this?

    #2
    Sorry I should of read a little deeper in the discussion. This tax season just isn't going to end LOL.

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      #3
      See if this helps from a prior post:

      https://forum.thetaxbook.com/forum/d...ocial-security
      Always cite your source for support to defend your opinion

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