Is unemployment compensation received in 2021 Taxable? On my 2020 tax report I was allowed to deduct $10,200 for UEC
You'll need to sign in or create an account to connect with an expert.
Unemployment compensation received in 2021 is taxable income on a 2021 federal tax return. The exclusion was only for unemployment received in 2020.
I got an acceptable reply.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
eschneck
New Member
pennylaramore1961
New Member
elliott-mercatus
New Member
zzz2
Level 3
IFoxHoleI
Level 2