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Unemployment Exclusion 2020 Walkthrough ($10,200 Tax Free Unemployment Compensation Explained)

Unemployment Exclusion 2020 ($10,200 Tax Free Unemployment Compensation)

#Unemployment #Tax #taxupdate

►IRS Article Re: Unemployment Exclusion and Worksheet found here: https://www.irs.gov/faqs/irs-procedures/forms-publications/new-exclusion-of-up-to-10200-of-unemployment-compensation

►https://www.cnbc.com/2021/03/22/turbotax-hr-block-update-software-for-10200-unemployment-tax-break.html

⌚ Time Stamps so you can jump to any point in the video
►1:15 What if you have already filed? How do you claim the exlcusion?
►2:02 AGI Limits for unemployment exclusion
►2:59 Example1 (Person who files single and whom claims the unemployment exclusion)
►5:23 Example 2 (Married couple claiming the unemployment exclusion)
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Видео Unemployment Exclusion 2020 Walkthrough ($10,200 Tax Free Unemployment Compensation Explained) канала Money and Life TV
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24 марта 2021 г. 20:00:04
00:09:31
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