Chances are if you got your tax refund from the IRS it is already gone. But there is some hope to see a surprise tax refund that could be deposited in your bank account starting this week. This is because some taxpayers overpaid taxes on their unemployment compensation in 2020.
Do you qualify for tax free unemployment benefits? The American Rescue Plan Act signed into law by President Biden is designed, in part, to be beneficial to you if you spent some time on unemployment in 2020. According to Syracuse.com the plan makes a certain amount of unemployment benefits tax-free.