IRS announced an exemption on your first $10,200 of unemployment income.
IF YOUR 2020 TAX IS ALREADY FILED:
The IRS urges you to NOT make an amendment. They will make the modification themselves.
IF YOU HAVEN’T FILED YOUR 2020 TAXES:
Be sure to visit our team of tax pros before May 17th to make sure you receive the exemption and don’t pay more than you need to.