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Deductions & credits
Part of legislative relief for tax year 2021 was an exemption of some unemployment benefits from federal income tax. That was not renewed for 2022, so it reverted to the same as 2020, where benefits are taxed.
This is a link to IRS Publication 525, Taxable and Nontaxable Income. It discusses unemployment compensation on pages 29 and 30.
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‎February 12, 2023
9:17 AM