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Deductions & credits
And....take note of the fact that the exclusion of the first $10,200 of unemployment from federal tax was only for returns for 2020. Congress has not done anything to exclude the taxability of unemployment received in 2021 at this point. You will need to enter the 1099G for your unemployment on your tax return----and unless Congress does something again this time you can expect your unemployment to be taxable on your 2021 return.
**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.**
‎December 18, 2021
5:42 AM
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