BillM223
Expert Alumni

Retirement tax questions

What state are you filing in?

 

The first $10,200 (per person) of unemployment is (for 2020) not taxable on the federal level.

 

However, not all states have passed legislation exempting some unemployment from state taxes. Thus, these states have to add the $20,400 (unemployment for two taxpayers) back to state income so that this income can be taxed in that state.

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