turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

With the passing of the not paying taxes on the first $10,000 of unemployment how does that effect people who have filed but not paid the taxes yet?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies

With the passing of the not paying taxes on the first $10,000 of unemployment how does that effect people who have filed but not paid the taxes yet?

That law has not passed.   The Senate is debating a number of changes to the 3rd stimulus bill.  When and if the 3rd stimulus bill is passed and signed into law, we will all find out how and when it will be implemented.

**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.**

With the passing of the not paying taxes on the first $10,000 of unemployment how does that effect people who have filed but not paid the taxes yet?

The legislation has not passed both houses of Congress nor has it been signed by the President so that the tax code is changed.

When and if it is passed and the tax code has changed the IRS will write the rules and procedure to effect the changes.

With the passing of the not paying taxes on the first $10,000 of unemployment how does that effect people who have filed but not paid the taxes yet?

We will have to see if the bill gets passed. No word on how the IRS will handle this for 2020. 

With the passing of the not paying taxes on the first $10,000 of unemployment how does that effect people who have filed but not paid the taxes yet?

That's for UI payments you get in the year 2021.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question