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). Since May, the IRS ...

If you’re waiting for an unemployment check, you’ll have to deduct federal income tax on your benefits. Not to mention, your compensation may face some extra taxes. That’s because some ...

"Yes," Steber says. "At this time, unemployment compensation is fully taxable on the 2021 tax return." In other words, that could change, but don't count on it. Steber has some other advice for ...