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Regarding unemployment insurance taxes
Good Afternoon, My question is that the new bill under process that has the $10,200 tax free for unemployment for 2020. Will it apply for both federal, and state or only federal. Also, I live in New York City. So, I also have to pay New York City local tax. If it applies to federal and state would it also apply to New York City Local Tax. Basically, would it apply to everything?
Thank you
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March 6, 2021
9:13 AM