Millions are getting unemployment tax bills, Congress sending some relief
and last updated 2021-03-10 17:05:47-05
More than 20 million Americans lost their jobs in 2020, and roughly 9 million people are still unemployed.
Many of those who filed for and received unemployment benefits are now surprised by a hefty tax bill. For some, their bills have been a few hundred dollars, and for others, itâs been a few thousand.
Dotti Ohlman, for example, owes more than $6,000 in taxes this year, which is more than she has owed in 10 years. She had three jobs prior to the pandemic, but she lost them all at the very beginning of shutdowns in Arizona and has not been able to work since. A tax bill on unemployment benefits she received and on a life insurance policy she had to cash out is another bill she wonât be able to pay.