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March 16, 2021
Question

With the American Rescue Plan Act, if income is over $150,000, is unemployment then fully taxable, or is there a phaseout when income is just barely over $150,000?

  • March 16, 2021
  • 2 replies
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2 replies

Alumni - Champ
March 16, 2021

There is no phaseout.

MaryK4
Level 15
March 16, 2021

There is no phaseout if your adjusted gross household income in 2020 was over $150,000.

 

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