AlanT222
Expert Alumni

After you file

The tax on unemployment is not a flat tax.  It is based on your individual tax rate.  If you did not have any amount withheld from your unemployment, you will have to pay the amount that should have been withheld.  

 

Further, based on your added income, your Earned Income Tax Credit went from $5,920 to about $300.

 

Unemployment compensation is not considered as earned income, however, it is included in your Adjusted Gross Income to determine the amount of Earned Income Tax Credit you can receive.

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