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How hard is it to amend 2020 tax return because of UIB tax forgiveness that was just passed?
Tax forgiveness:
Both regular unemployment benefits and the jobless benefits provided by the stimulus legislation are subject to income tax. But the newly added tax exemption is for the first $10,200 of unemployment benefits
Both regular unemployment benefits and the jobless benefits provided by the stimulus legislation are subject to income tax. But the newly added tax exemption is for the first $10,200 of unemployment benefits
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March 11, 2021
12:22 PM