Hi,
I just filed my taxes and owe the Feds and State a lot!
I am having a stressful moment trying to figure out if the $10,200 Unemployment benefit for 2021 tax year is non-taxable or taxable?
If it is non-taxable, was it calculated/applied in TurboTax Calculations already? As of 4/10/2022?
Please let me know asap.
Thank you.
JS
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The 10,200 unemployment exclusion was only for 2020. The whole unemployment is taxable this year.
there is no federal exclusion for unemployment income in 2021
Darn. Although the answer wasn't what I was hoping for, definitely appreciate the quick turnaround to my question. Thank you all so much! JS 😊
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