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  2. You Could Get a Tax Refund for Unemployment Benefits in May - AOL

    www.aol.com/could-tax-refund-unemployment...

    If you’re among the 40 million Americans who received unemployment compensation in 2020 and you’ve already filed your taxes, you could be getting a surprise refund. The IRS announced that it ...

  3. Tax Refunds on 2020 Unemployment Benefits Due to Begin ... - AOL

    www.aol.com/tax-refunds-2020-unemployment...

    But the $1.9 trillion American Rescue Plan, which President Joe Biden signed into law in mid-March, waived federal tax on up to $10,200 of unemployment benefits per person.

  4. Millions Are About to Get Slammed with a Surprise Tax Bill ...

    www.aol.com/owe-taxes-2020-unemployment-checks...

    Researchers estimated that only 40% of 2020 unemployment payments had taxes withheld, CNBC reported. ... You may qualify for an earned income tax credit worth up $3,000 per child for children ages ...

  5. Unemployment insurance in the United States - Wikipedia

    en.wikipedia.org/wiki/Unemployment_insurance_in...

    State law determines individual state unemployment insurance tax rates and taxable wage bases. Although FUTA mandates a taxable wage base of $7,000 per employee, only Arizona, California, and Puerto Rico use this minimum as of 2020. The taxable wage base ranges significantly, with Washington using the highest amount of $52,700.

  6. Stimulus Bill Gives You a Tax Break on 2020 Unemployment Benefits

    www.aol.com/finance/unemployment-taxable-avoid...

    If you got unemployment benefits in 2020, you just got a tax break courtesy of the $1.9 trillion American Relief Plan that President Joe Biden signed into law on Friday. Here’s how the latest ...

  7. New Markets Tax Credit Program - Wikipedia

    en.wikipedia.org/wiki/New_Markets_Tax_Credit_Program

    The New Markets Tax Credit (NMTC) Program is a federal financial program in the United States. It aims to stimulate business and real estate investment in low-income communities in the United States via a federal tax credit. The program is administered by the US Treasury Department's Community Development Financial Institutions Fund (CDFI Fund ...

  8. Owed Refund From 2020 Unemployment Compensation? How To ... - AOL

    www.aol.com/owed-refund-2020-unemployment...

    The IRS has finally finished issuing refunds to taxpayers who overpaid their taxes in 2021, when stimulus relief tied to COVID-19 provided tax breaks for unemployment benefits to millions of...

  9. IRS to send 1.5 million additional tax refunds over ... - AOL

    www.aol.com/finance/irs-send-1-5-million...

    The Internal Revenue Service (IRS) will issue an additional 1.5 million tax refunds — averaging more than $1,600 — this week to filers who paid too much in taxes for their 2020 unemployment ...

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