Tax Planning TurboTax Launches the TurboTax Unemployment Center Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by TurboTaxBlogTeam Modified Apr 8, 2021 While unemployment can be overwhelming, know you don’t have to navigate it alone and TurboTax is here for you. If you recently became unemployed or furloughed, you may be wondering what’s next and what you need to understand about things like filing for unemployment benefits, how unemployment is taxed, and general tax and financial solutions during unemployment. In order to help support and connect those who became recently unemployed with much-needed answers to tax and money questions, TurboTax has launched the TurboTax Unemployment Center available in English and Spanish. The TurboTax Unemployment Center provides up to date information and tax advice on everything from managing your day-to-day finances to understanding what this means for your taxes. Furthermore, it is focused on helping educate and empower the millions of Americans who are unemployed, so they feel in control of their financial situation and can file their taxes with confidence. Learn more about unemployment benefits, unemployment insurance and eligibility via the Unemployment Center’s resources related to: Tax implications and advice: TurboTax tax experts can help you navigate tax implications and address tax questions related to unemployment income. If you’ve been laid off or furloughed, our tax experts are here to help guide you with confidence. Unemployment benefits and insurance: Information on what unemployment benefits you might be eligible for, how the stimulus relief packages expanded unemployment, unemployment income tax relief under the American Rescue Plan, and general guides on unemployment benefits for the self-employed. Financial management, job tips, and frequently asked questions: The support and advice you need to manage your day-to-day finances, including additional tools to help with budgeting, looking for a new job, finding extra income, and more. TurboTax is here to keep you informed and help you understand taxes from the comfort of your home. If you’re recently unemployed, our TurboTax Unemployment Center can provide you with the information you need to better understand current unemployment benefits and the tax implications, unemployment insurance, and unemployment eligibility. Written by TurboTaxBlogTeam More from TurboTaxBlogTeam Browse Related Articles Life Listen Now: So You’re Buying a Car? Self-Employed 1099-K Myths: Venmo & PayPal Payments Life Listen now: So you want to be rich? Tax Refunds How to Turn Money Into More Money Life Listen now: So you’re buying a home? Family So You’re Living Together? Tax Planning Did You Miss the Tax Deadline? 3 Steps You Can Take Nex… Tax Planning Tomorrow is the Tax Deadline: 7 Things You Need to Know… Self-Employed Do Creators Pay Taxes on Money Earned? Tax Refunds Let’s Have A Real Money Talk Leave a Reply Cancel reply