Many Americans anticipate their tax refunds each year, but millions of these citizens became unemployed, due to the economic crisis caused by the coronavirus pandemic in 2020. Due to the high rate of ...

People who received unemployment in 2020 are in for some important tax return changes because of the $1.9 trillion coronavirus relief bill. The IRS said earlier this week that it will automate refunds ...

SIOUX FALLS, S.D. (KELO) — A year ago this month, the pandemic slammed into South Dakota’s job market. Last April, more than 43,000 South Dakotans were unemployed and most collected unemployment ...

Discover how the U-6 Unemployment Rate provides a comprehensive look at joblessness, including underemployment, marginal attachment, and discouraged workers. Understand its economic significance.

Unemployed Americans who filed their taxes early this season and may have overpaid can expect a refund starting in May, the government said Wednesday. Under the American Rescue Plan, up to $10,200 in ...

Proposed legislation introduced yesterday by Sen. Dick Durbin (pictured) and Rep Cindy Axne would remove taxes on up to $10,200 in unemployment aid for the 2020 tax filing year. Proposed legislation ...

OAKLAND, Calif. (KGO) -- Workers who missed out on a big tax break during the COVID-19 pandemic may get it, after all. Californian members of Congress are asking the Internal Revenue Service to revive ...

SOUTH CAROLINA (WCIV) — South Carolina residents who were unemployed in 2020 may be eligible to exclude from state taxes up to $10,200 of unemployment benefits received last year. The bill allowing ...

Editor's note: This story has been updated to clarify that unemployment compensation deduction is made on Schedule 1 of the standard 1040 tax form. COLUMBUS – Ohioans who received unemployment ...

Bob Dyer and likely millions of other taxpayers are still waiting for tax year 2020 refunds from the IRS. Earlier this summer, I wrote a column about Dyer, who retired as the Akron, Ohio, Beacon ...

An additional 44,000 applications is the largest single-week jump since March 2020, while the previous week’s total was the ...