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Kenuvain
Level 2

Hello I applied for unemployment benefits October of 2020. Claim was on hold until June of this year. Must I amend taxes for unclaimed income for 2020?

Not sure if I will qualify for any more credits. But tech it is 3 months of income I was paid for 2020 but i didn't receive it til June 2021.
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xmasbaby0
Level 15

Hello I applied for unemployment benefits October of 2020. Claim was on hold until June of this year. Must I amend taxes for unclaimed income for 2020?

You did not RECEIVE the money in 2020.   It does not go on a 2020 tax return.   You will enter it on your 2021 tax return, since that is when the money was received.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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3 Replies
Mike9241
Level 15

Hello I applied for unemployment benefits October of 2020. Claim was on hold until June of this year. Must I amend taxes for unclaimed income for 2020?

UC benefits are taxable in the year received. 

Kenuvain
Level 2

Hello I applied for unemployment benefits October of 2020. Claim was on hold until June of this year. Must I amend taxes for unclaimed income for 2020?

So since I the money was recieved in 2021 it is supposed to go on this year's return? Even though it was back dated pay from October of last year? 

xmasbaby0
Level 15

Hello I applied for unemployment benefits October of 2020. Claim was on hold until June of this year. Must I amend taxes for unclaimed income for 2020?

You did not RECEIVE the money in 2020.   It does not go on a 2020 tax return.   You will enter it on your 2021 tax return, since that is when the money was received.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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