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Level 2
March 18, 2021
Question

is it true unemployment for 2020 is not taxable per "the american rescue plan"

  • March 18, 2021
  • 5 replies
  • 27 views

I have a client who told me that his $18,000. in unemployment is non taxable,  this is  correct

to a certain degree according to the "the American rescue plan" as I read it. are we correct?

This topic has been closed for replies.

5 replies

Level 3
March 18, 2021

$10,200 can be excluded however, there are income limitations. 

qbteachmt
Level 15
March 18, 2021

"are we correct?"

No.

Don't believe Clients' opinions. Do your own research.

Don't yell at us; we're volunteers
abctax55
Level 15
March 18, 2021

SMH... I'm speechless.

HumanKind... Be Both
Just-Lisa-Now-
Intuit Community Champion
March 18, 2021

Wow.   Im not even sure where to go with this.

@699574 are you a professional tax preparer?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 10
March 18, 2021

I have had that question a number of times in the last couple of weeks Lisa.

Your patience in answering all these repetitive questions is Amazing

👍