Refunds for $10,200 Unemployment Tax Break to Begin This Week
by Marc A. Wojno, Rocky Mengle
Mar 31, 2021
3 minutes
If you received unemployment benefits last year and filed your 2020 tax return relatively early, you may find a check in your mailbox soon (or a deposit in your bank account). Starting in mid-May, and extending through the summer, the IRS will automatically issue tax refunds to those Americans who filed their 2020 return and reported unemployment compensation before tax law changes were made by the American Rescue Plan.
Signed on March 11, the to see if payments you received for being unemployed are taxable.)
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