Unemployment Tax Information

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The first $10,200 of unemployment benefits received in 2020 are now tax-free for taxpayers who made less than $150,000 last year. For a married couple, the total benefit is up to $20,400 if they both received the full amount of unemployment benefits. If you received unemployment benefits last year and have already filed your tax return, you will need to file an amended return to take advantage of this change.