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#Will i get an unemployment tax break refund free
Have a question for Michael and the 7 On Your Side team? Fill out the form HERE!ħOYS's consumer hotline is a free consumer mediation service for those in the San Francisco Bay Area. Take a look at more stories and videos by Michael Finney and 7 On Your Side. We are getting that question a lot at 7 On Your Side. But, keep in mind the tax break would not apply to 2021 EDD benefits - it would only be for those that were delayed from 2020. The Internal Revenue Service (IRS) said that it would start sending tax refunds to those eligible for the 10,200 unemployment tax waiver this week and continue through the summer. It's not clear if congressional action is needed, or if the IRS can just waive the tax now. "To push this through would definitely help a lot of people, especially this year," Morris agreed. EDD statistics show more than 300,000 claims were still backlogged at the end of 2020, and another 1.4 million were frozen for investigation. It's unclear how many Californians would benefit if the tax break is revived.
they should not be penalized for that error." delays at state agencies were plainly not the fault of the taxpayer. "Congress clearly intended that $10,200 of benefits in 2020 should be tax-free. The letter, written by North Bay Congressman Mike Thompson (D - St.
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