@cathyberger63 wrote:
If reported in 2021will the amount be tax free and how do you report it?
Unemployment compensation received in 2021 is taxable income on a federal tax return.
To enter unemployment compensation
- Click on Federal Taxes (Personal using Home and Business)
- Click on Wages and Income (Personal Income using Home and Business)
- Click on I'll choose what I work on (if shown)
- Under Unemployment
- On Unemployment and Paid Family Leave, click the start or update button
Or enter unemployment in the Search box located in the upper right of the program screen. Click on Jump to unemployment
