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Illinois Unemployment: PUA overpayments may be forgiven; IDES to issue waivers

Illinois Unemployment: PUA overpayments may be forgiven; IDES to issue waivers WLS Share: Share: CHICAGO (WLS) The ABC 7 I-Team investigated overpayments of unemployment benefits involving Pandemic Unemployment Assistance (PUA). People who are unemployed are being told to come up with amounts ranging from $5,000 to $10,000 - sometimes, more than $20,000. PUA was added to regular state unemployment to get money into the hands of contract and gig workers. But what if you are being told you were overpaid? There s good news: you may be forgiven. I m going to be on the street, probably, March 1 if this is not taken care of, says Michael Sabo who drove business travelers to and from the airport in his Lincoln Town Car prior to the pandemic. Now he s out of work and on PUA through the Illinois Department of Employment Security (IDES).

Unemployment tax relief bill introduced in Congress by Illinois lawmakers Durbin, Duckworth, Foster

WASHINGTON (WLS) Illinois Senators Dick Durbin and Tammy Duckworth and Congressional Representative Bill Foster introduced legislation to provide tax relief for anyone who used unemployment benefits last year. Called the Coronavirus Unemployment Benefits Tax Relief Act, the bill would waive federal income taxes on the first $10,200 of unemployment benefits collected in 2020. That relief is applicable for workers who received benefits through the Pandemic Unemployment Assistance (PUA) program and the Pandemic Emergency Unemployment Compensation (PEUC) program, as well as anyone who received traditional unemployment benefits through their state unemployment insurance fund. The CARES Act, passed in March 2020, provided an extra $600 a week in unemployment benefits through the end of July. The relief provided in the bill would cover 17 weeks of that enhanced benefit.

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