Unemployment tax is retroactive

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    • March 11, 2021 at 1:51 pm #4468940
      EyesWIDEopen

        The $1.9 trillion coronavirus stimulus bill, passed by the House of Representatives on Wednesday, is expected to be signed into law by President Joe Biden on Friday.

        The bills provisions include valuable benefits for families, including $1,400 checks to eligible Americans, an expanded child tax credit and expanded unemployment benefits.

        It also gives a federal tax break to people who received unemployment benefits, and it’s retroactive to benefits received in 2020.

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