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Get your taxes done using TurboTax
Yes, there appears to be an income limit on the tax break for unemployment benefits. The latest version of the bill shows a tax break on the first $10,200 of employment for household incomes under $150,000.
NOTE: This is still only a "bill". It has to go back to the House of Representatives and if no changes there, then to the President to sign into law.
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March 7, 2021
5:36 AM