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

[699574]

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?

[ktipsord]

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

[qbteachmt]

"are we correct?"

No.

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

[abctax55]

SMH... I'm speechless.

[Just-Lisa-Now-]

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

@699574 are you a professional tax preparer?

[jeffmcpa2010]

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

👍