Oregon has allowed the Unemployment Exclusion.

Here is the statement:

Unemployment benefits exclusion. On March 11, 2021, the American Rescue Plan Act of 2021 became law. The Act allows up to $10,200 of unemployment benefits received by a taxpayer in 2020 to be excluded from income if the modified adjusted gross income (AGI) on the taxpayer’s federal return is less than $150,000. Modified AGI refers to AGI before excluding any unemployment benefits. Oregon allows the same exclusion.
• Full-year residents. Your federal exclusion flows through to your Oregon return.
• Part-year residents and nonresidents. Your Oregon exclusion is proportional to your Oregon-source benefits. See our updated instructions under “Unemployment insurance benefits” in “Income.”

With TaxSlayer now updated for unemployment, it is “safe” to file new returns.

Warning still stands to wait for further instructions regarding returns already filed. 

ALSO – continue to hold any returns requiring repayment of Advanced Premium Tax Credit. Instructions from IRS and TSO software are still coming.