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 Published Nov 18, 2020 - [Updated Apr 8, 2021] 2 min read 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. Previous Post TurboTax Life Events Calculator Helps Estimate Tax Savings Next Post TurboTax Spotlight: Tax Expert Miguel Shares Why TurboTax Live Full… Written by TurboTaxBlogTeam More from TurboTaxBlogTeam Leave a ReplyCancel reply Browse Related Articles Tax News What Does the Second Coronavirus Relief Bill Mean for t… Work What Unemployment Means to Your Taxes Tax News First Coronavirus Relief Update: Executive Orders Signe… Tax Tips Unemployed? We’ve got some tax tips for you Tax Tips Unemployed Doesn't Mean Untaxed Tax News Tax Tips for Unemployment Income If You’ve Been Laid … Tax News Unemployment Stimulus: Am I Eligible for the New Unempl… Tax News Second Coronavirus Relief Package: What Does it Mean fo… Income and Investments How are Unemployment Benefits Taxed? Tax Planning You May Still Be Eligible To File Your Taxes for Free!