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After you file
No, don't amend your 2020 income tax return since you received the unemployment payments in tax year 2021, they'll be reported on your 2021 income tax return.
- Next year, you'll get a 2021 1099-G form that you'll enter on your 2021 income tax return.
- The IRS considers unemployment income as taxable income, as do most states.
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March 19, 2021
9:44 AM