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ABCTAX55I never said that they didn't have to be added to income. I stated they are tax exempt income and anyone preparing a tax return better know how to repor...
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Really? You think states are passing legislation to make the federal grants taxable in this age of COVID? Glad I don't live in one of those states, although tha...
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ABCTAX55You are sadly mistaken. My answer is correct for ALL of them. IF it is forgiven, it is tax free income. If it NOT forgiven, it is not income, but is a l...
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BECAUSE THE IRS HAS NOT RELEASED IT YET AND IT CANNOT BE ADDED UNTIL THEY DO!!!
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When the IRS decides how it is to be handled. In the meantime, do not file a return if it has unemployment compensation on it.
