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Unemployment Center Where your tax and money questions get answered

Unemployment can be scary and overwhelming, but you don’t need to navigate it alone. We are here with help and advice on everything from managing your day-to-day finances to understanding what this means for your taxes.

Learn more about expanded unemployment benefits and unemployment income tax relief.

Why did TurboTax create the Unemployment Center?

Coronavirus Unemployment Benefits and Tax Relief

  • The American Rescue Plan makes the first $10,200 of unemployment income tax-free for households with income less than $150,000 for your 2020 taxes only.
  • If you’ve already filed your 2020 tax return, don’t worry. The IRS announced that you don't need to do anything right now to take advantage of these additional benefits.
  • Haven’t filed yet? TurboTax is up-to-date and will guide you through claiming your additional unemployment benefits.
  • Federal unemployment payments were increased by $300 per week, and the benefits were extended through September 6, 2021 for eligible individuals.
  • Get more information here.

Tax implications and advice

  • We are here to help you navigate unemployment relief and tax implications of being unemployed so that you don’t leave any money on the table.

Related articles:

Am I eligible for the unemployment income relief?

American Rescue Plan: What it Means for You and a Third Stimulus Check

Unemployment benefits and insurance

  • Find out what unemployment benefits and unemployment insurance you might be eligible for and what unemployment benefits are available

Related articles:

What the Second Coronavirus Relief Plan Means for You and Your Stimulus Check

What the Coronavirus Stimulus Bill Means to Your Taxes

Health Insurance Assistance for the Unemployed

Financial management and job tips

  • Take advantage of our helpful job tips and get the support and advice you need to manage your day-to-day finances.

Related articles:

5 Ways to Look for a New Job

6 Ways to Find Extra Income

Navigating the Current Job Market and Empowering Workers

Does Unemployment Affect My Credit Score?

How to Reassess Your Finances After Unexpected Job Loss

How to Protect Your Credit Health When Money is Tight

Tools and additional resources

  • Leverage our tools to manage your day-to-day finances and budgeting

Related articles:

Budgeting Calculator

How Much Should I Have in an Emergency Fund?

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Unemployment FAQs