Up to $10,200 of Unemployment Compensation is non-taxable

Hawk26 · ‎03-16-2021

Just an FYI to everyone....

IRS issued new guidelines to exclude up to $10,200 of unemployment compensation from taxable income. There is income limits (AGI) so be sure to read the IRS notice.

BobKamman · ‎03-16-2021

Most people here have been following that discussion for weeks.

Here is the latest from Intuit

https://proconnect.intuit.com/community/form-1099-g/help/common-questions-on-the-unemployment-compen...

Up to $10,200 of Unemployment Compensation is non-taxable

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