Did you get unemployment in 2020? You could be due a bigger tax refund

Did you get unemployment in 2020? You could be due a bigger tax refund
A new tax exemption could mean bigger refunds of million of people who received unemployment in 2020.
ORANGE COUNTY, Fla. - Millions of Americans may have to amend their 2020 tax returns because of a new tax exemption that could potentially mean a bigger refund.
Under the recently passed American Rescue Plan, people do not have to pay the taxes on the first $10,200 of unemployment benefits received in 2020.
Accountant Yvette Anderson, owner of Mobile Financial Services, this could mean a potential refund for lots of taxpayers or a reduction in the amount of money they must pay the IRS if they owe taxes.

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