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The exclusion was claimed when filing 2020 taxes during 2021. If you collected any unemployment benefits in 2021 that were meant for 2020, meaning any late accrued payments, you will need to ...
As part of the American Rescue Plan stimulus relief bill that was passed back in March, up to $10,200 in federal taxes on unemployment benefits would be waived for people earning less than $150,000...
The IRS recently announced that it will start to automatically correct tax returns for those that filed for unemployment in 2020 and also qualify for the $10,200 tax break, Forbes reported.
Ohioans aren't eligible for a tax refund for time they spent working at home during the COVID-19 pandemic, the Ohio Supreme Court ruled Wednesday.
A recent survey by TaxAudit found that 37% of taxpayers who are receiving or have received unemployment benefits during COVID-19 are concerned they may owe an increased amount of taxes this year.
The IRS has finally finished issuing refunds to taxpayers who overpaid their taxes in 2021, when stimulus relief tied to COVID-19 provided tax breaks for unemployment benefits to millions of...