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2020 Tax Guide: Everything You Need to Know : vimarsana.com
2020 Tax Guide: Everything You Need to Know : vimarsana.com
2020 Tax Guide: Everything You Need to Know
2020 Tax Guide: Everything You Need to Know
Leslie Gaydos
© Provided by NBC Boston
Tax season is here! How does a year of stimulus checks, unemployment payments and working from home play into things?
If you’re one of the millions of Americans who collected unemployment in 2020, it is taxable.
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Richard Rothbell of Nashua, New Hampshire, did not withhold taxes from his benefits.
“I wanted to get as much money as I could out of the checks,” he said. “This year when I do my taxes I’m pretty sure I’m going to have to go into my emergency IRS savings tax fund and probably deplete the entire thing.”
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