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2. Is Unemployment Compensation Going To Be Tax-Free For 2021? - AOL

   www.aol.com/unemployment-compensation-going-tax...

   In this case, you will claim it on your 2021 tax return in 2022, and label it as unemployment income from 2020. See: How To Gift Your Children A House Without Major Tax Ramifications

3. Unemployed workers could get a nasty surprise at tax time - AOL

   www.aol.com/finance/unemployed-workers-could...

   If you’re one of the 25 million of workers who collected unemployment in 2021, you’ll owe income taxes on all those benefits this tax season — unlike last year.

4. Reasons You Might Not Get a Tax Refund This Year - AOL

   www.aol.com/finance/reasons-might-not-tax-refund...

   “In 2021, we saw a taxable exclusion on the first $10,200 of unemployment income received in 2020…If someone received only unemployment during [2022], the results may be negligible as your ...

5. How COVID-19 Relief Will Affect Your Taxes - AOL

   www.aol.com/finance/covid-19-relief-affect-taxes...

   Earned Income Tax Credit. 2021 saw a big expansion of the Earned Income Tax Credit (EITC), as well. ... “In 2020, the American Rescue Plan waived federal taxes on up to $10,200 of unemployment ...

6. Unemployment insurance in the United States - Wikipedia

   en.wikipedia.org/wiki/Unemployment_insurance_in...

   Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.

7. Federal Unemployment Tax Act - Wikipedia

   en.wikipedia.org/wiki/Federal_Unemployment_Tax_Act

   Certain credits are allowed with respect to state unemployment taxes paid that may reduce the effective FUTA rate to 0.8%. Effective July 1, 2011, the rate decreased to 6.0%. That rate may be reduced by an amount up to 5.4% through credits for contributions to state unemployment programs under sections 3302(a) and 3302(b), resulting in a ...

8. Here's why your taxes may be so much harder this year - AOL

   www.aol.com/finance/heres-why-taxes-may-much...

   Thirty-five states are expected to collect a total of $12.7 billion in additional state income taxes from unemployment benefits. Nine states don't have state income tax, while another six exempt ...

9. Is Your Unemployment Income Refund Taxable? - AOL

   www.aol.com/unemployment-income-refund-taxable...

   As part of the American Rescue Plan stimulus relief bill that was passed back in March, up to $10,200 in federal taxes on unemployment benefits would be waived for people earning less than $150,000...