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How do I know if I qualify for the unemployment tax refund?
Go to this IRS website for unemployment compensation exclusion FAQ's - https://www.irs.gov/newsroom/2020-unemployment-compensation-exclusion-faqs
And these IRS websites for more information concerning the tax refund for the exclusion -
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How do I know if I qualify for the unemployment tax refund?
If the AGI on your return was below $150,000,
you qualify.
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How do I know if I qualify for the unemployment tax refund?
Q. How do I know if I should be expecting additional refund based on the (up to) $10,200 unemployment exclusion.
A. Prepare a test return with $10,200 less income and compare the result to the original return. You can use this tool
https://turbotax.intuit.com/tax-tools/calculators/taxcaster/?s=1
If your tax liability was already zero, it's unlikely that you will be getting more. But, it's possible, particularly if you become eligible for more EIC.
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