Good afternoon,
Based on he tax law as of today, you can exclude up to $10,200 of unemployment benefits received in 2020 - this was the provision of the American Rescue Plan. As of today, the exclusion does not apply to benefits received in 2021.
In your case, you were correct not to report the amounts received in January, 2021 on your 2020 tax return. Unfortunately, as the law is currently written, these benefits will be taxable in 2021.
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