Author Topic: 2021 Tax change on unemployment payments  (Read 4267 times)

Offline EmperorNorton

  • Zen Master
  • *****
  • Posts: 706
  • Karma: +1/-1
2021 Tax change on unemployment payments
« on: March 22, 2021, 10:46:04 AM »

I know most of the guys here are retired or are hard working year round, despite the pandemic last year but in case anyone here collected any unemployment payments during 2020,  you probably know this.   In case someone missed it, recent Federal legislation allows the first $10200 of unemployment you may have received in 2020 to be exempt from Federal taxes.   I downloaded updates from HRBlock over the weekend and a return that $100 now gets a refund of $2300!     PM if you need any help with this.

The Emperor
Rega Planar 3
WTL TPP
Oppo 103
Musical Fidelity M1 DAC
AR LS-17
Quad II 80 monoblocks
Canton CT-800 speakers