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e4jules
Returning Member

$10,200 Unemployment Income 2021 Tax Year (Non-Taxable or Taxable?) And is it applied in TurboTax Calculations already?

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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3 Replies

$10,200 Unemployment Income 2021 Tax Year (Non-Taxable or Taxable?) And is it applied in TurboTax Calculations already?

The 10,200 unemployment exclusion was only for 2020.  The whole unemployment is taxable this year.  

$10,200 Unemployment Income 2021 Tax Year (Non-Taxable or Taxable?) And is it applied in TurboTax Calculations already?

there is no federal exclusion  for unemployment income in 2021

e4jules
Returning Member

$10,200 Unemployment Income 2021 Tax Year (Non-Taxable or Taxable?) And is it applied in TurboTax Calculations already?

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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