Unemployment resources for your 2020 taxes

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Unemployment resources for your 2020 taxes

With a record number of people filing for unemployment benefits this year, many are wondering how receiving unemployment may affect their taxes. The IRS and most states treat unemployment benefits as taxable income. If you didn’t withhold money from your unemployment for taxes, your refund may be impacted. We'll figure out how much of your unemployment income (if any) is taxable by the IRS and your state. Explore the articles below for more information about how unemployment factors into your taxes.

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