Michele_H
Employee Tax Expert

Get your taxes done using TurboTax

Hi @cincyann you may possibly need to pay taxes on your unemployment compensation at the end of the year and this depends on your overall tax picture.  Your unemployment is taxable on the Federal level and possibly the state level, depending on your location.    I have attached a link to the Turbo Tax Calculator to help you possibly get an idea of how much you could possibly owe or receive in taxes for 2021.  I hope this helps!

https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

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