1040-IN: Unemployment compensation deductions

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.

Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to access the electronic filing transmission feature in CS Connect.

Thomson Reuters is committed to proactively evolving our security features to help you protect your firm and your clients' data. For more information about multi-factor authentication, see Multi-factor authentication overview.


Indiana allows deductions on Schedule 2 or Schedule C for certain unemployment compensation included in federal AGI.

Non-Railroad Unemployment

UltraTax CS calculates the Indiana Unemployment Compensation Worksheet for Unemployment compensation received entered on federal Screen Income, in the Income folder, that does not have State Use code 2. The allowable deduction calculated by the worksheet is reported as Nontaxable portion of unemployment compensation on Schedule 2 or Schedule C.

Railroad Unemployment

The full amount of Unemployment compensation received entered on federal Screen Income with IN postal code and State Use code 2 (Railroad Unemployment) is reported as a code 624 deduction on Schedule 2 or Schedule C.

Related topic: 1040 Indiana frequently asked questions

Share This