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Get your taxes done using TurboTax
You will get an additional federal income tax refund for the unemployment exclusion if all of the following are true.
- You reported unemployment benefits as income on your 2020 tax return.
- You did not get the unemployment exclusion on the 2020 tax return that you filed. The unemployment exclusion would appear as a negative amount on Schedule 1 line 8, with the abbreviation UCE on the dotted line to the left of the amount.
- Your Adjusted Gross Income (AGI), not including unemployment, is less than $150,000.
‎July 22, 2021
1:31 PM