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Get your taxes done using TurboTax
There is not a tax credit for unemployment.
Enter your unemployment compensation as reported on the Form 1099-G you received from your state.
The TurboTax software will exclude up to $10,200 of the unemployment from your income on the federal tax return provided that your 2020 AGI is less than $150,000.
March 25, 2021
3:09 PM