Name: COVID-19 Relief Bill Eliminates Surprise Tax Bills On Unemployment Benefits
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COVID-19 Relief Bill Eliminates Surprise Tax Bills On Unemployment Benefits

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×U.S. EditionPart of HuffPost Politics. ©2022 BuzzFeed, Inc. All rights reserved.×Advertisement“It’s fantastic,” said Julie Evans, an unemployed administrative assistant in Kent, Washington, who had been putting off paying a $1,600 tax bill owed because of the jobless benefits she received last year. “Once I saw I would owe money, I wanted to put it off as long as possible.”AdvertisementAdvertisementThis tax exemption is for 2020 taxes only. Anyone who received unemployment benefits in 2021 would presumably still owe taxes on that income. But because benefits are less generous this year and fewer people were unemployed, the tax bills might be less of an issue.AdvertisementNow, if the bill passes next week, they won’t have to.Tara Golshan contributed reporting.Suggest a correctionNewsletter Sign UpHuffPost's top politics stories, straight to your inbox.Successfully Subscribed!Realness delivered to your inbox

×U.S. EditionPart of HuffPost Politics. ©2022 BuzzFeed, Inc. All rights reserved.×Advertisement“It’s fantastic,” said Julie Evans, an unemployed administrative assistant in Kent, Washington, who had been putting off paying a $1,600 tax bill owed because of the jobless benefits she received last year. “Once I saw I would owe money, I wanted to put it off as long as possible.”AdvertisementAdvertisementThis tax exemption is for 2020 taxes only. Anyone who received unemployment benefits in 2021 would presumably still owe taxes on that income. But because benefits are less generous this year and...

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Emily Peck

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COVID-19 Relief Bill Eliminates Surprise Tax Bills On Unemployment Benefits

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