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Unemployment tax exemption. Should i wait or file my taxes now. I was Unemployed this last year thanks

 
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HelenC12
Expert Alumni

Unemployment tax exemption. Should i wait or file my taxes now. I was Unemployed this last year thanks

Yes, wait to file for now. We are waiting for guidance from the IRS on how you can claim these additional benefits soon.

 

  • The American Rescue Plan exempts the first $10,200 of unemployment payments for households with an annual income under $150,000.
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Unemployment tax exemption. Should i wait or file my taxes now. I was Unemployed this last year thanks

Thank you

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