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Get your taxes done using TurboTax
That extra $300 a week you were getting with your state unemployment was federal money....funneled from the federal government to the state's unemployment funds. The feds are not taxing your golden state stimulus money.
However----the exclusion of federal tax on the first $10,200 of unemployment was for 2020. There has not been a law from passed by Congress that excludes any of the unemployment received in 2021 from federal tax.
So...if you received unemployment in 2021 you will need to enter your 1099G from the state very carefully.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎January 9, 2022
3:57 PM