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March 24, 2022
Question

Unemployment compensation for 2021

  • March 24, 2022
  • 1 reply
  • 0 views

Is unemployment compensation received in 2021 Taxable?   On my 2020 tax report I was allowed to deduct $10,200 for UEC

    1 reply

    DoninGA
    Employee
    March 24, 2022

    Unemployment compensation received in 2021 is taxable income on a 2021 federal tax return.  The exclusion was only for unemployment received in 2020.

    March 28, 2022

    I got an acceptable reply.