IRS may automatically refund taxes for unemployment benefits. Everything to know
Some who receive unemployment could expect a second refund check in May. Here are the details so far.
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Unemployed workers could get more money from the IRS.
Sarah Tew/CNET
A $10,200 tax exemption was added into the details of the American Rescue Plan for those who received unemployment benefits in 2020. Also included are additional weeks of a $300 bonus payment, a third stimulus check and a boost to the child tax credit. There's some confusion surrounding how the tax break might work, but the IRS says it will handle the exemption and send out refunds if needed.