Ed452
Level 1
03-27-2021
06:16 AM
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What are the limits for earnings to deduct the unemployment from income? Is it $150,000 per individual or $75,000 or is it $150,000 per couple? Or is it each can earn up to the $150k regardless of total income? I am have not seen a definite answer yet.
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dkh
Level 15
03-27-2021
07:28 AM
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https://www.irs.gov/forms-pubs/new-exclusion-of-up-to-10200-of-unemployment-compensation
$150,000 MAGI single and MFJ