TaxGuyBill
Level 15

@abctax55 wrote:

Hold your horses....

I did see on a different list-serve that there IS discussion of declaring some/all of the Federal $600/week unemployment to be non-taxable and yes, for 2020.


 

I REALLY hope that Congress isn't stupid enough to retroactively do that at such a late date.  I have not read about that, but I suspect that the "discussion" will just be that, and not make it to law.  There are countless "discussions" about things, but the vast majority don't make it to becoming the law.  But with the ongoing stupidity of politicians, who knows what will actually happen.