- The first $10,200 in unemployment benefits will be tax-free in 2020 for taxpayers making less than $150,000 per year.
- We are awaiting additional guidance from the IRS on anyone who has already filed on what they will need to do.
- Unemployment supplemental payments of $300 per week have been extended through September 6, 2021.
- Unemployment assistance has been extended through September 6, 2021. The number of eligible weeks has been increased from 50 weeks to 79 weeks.
- The reimbursement rate for unemployment beginning after March 31, 2021 and ending on or before September 6, 2021 has been increased to 75 percent.
- A State may if necessary, retroactively pay for the first week of regular compensation without a waiting week consistent with State Law and receive full reimbursement for weeks of unemployment that ended after December 31, 2020.
- Temporary assistance under the Families First Coronavirus Response Act have been extended to September 6, 2021.
