Americans who receive unemployment payments are being warned that the compensation is taxable.
Federal law dictates that unemployment compensation is taxable and must be reported on a 2020 federal income tax return.
Hundreds of people wait in line for hours at a downtown Brooklyn office for their EBT Food Stamp cards in New York City on May 12, 2020. Spencer Platt/Getty Images
Zachary Stieber
Senior Reporter
|Updated:
Zachary Stieber
Senior Reporter
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
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