Unemployment Update - CONFIRMED AUTOMATIC $10,200 Unemployment Tax Free Refund Check

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The unemployment update on the $10200 tax free unemployment from the IRS is here!

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00:00 - Introduction
1:37 - 2020 Tax Deadline Moved to May 17
2:26 - Stimulus Check on 2019 Income
3:01 - Est. Tax Payments Still April 15
3:23 - $10,200 Unemployment Deduction Automatic
4:41 - $10,200 Unemployment Deduction Eligibility
6:03 - Tax Deduction Refund Info Coming Soon
7:16 - Monthly Child Tax Credit Status
8:45 - Conclusion and Other Matters

The $10,200 tax free unemployment insurance income rules have been announced by the IRS. The unemployment update for the 10200 tax free unemployment is finally here from the IRS. The IRS will automatically process tax refunds for the $10,200 unemployment insurance deduction.

The IRS will issue two refunds for the $10,200 unemployment tax free deduction if you have already filed. The 10200 unemployment deduction will be automatic for those who have already filed, even with Turbo Tax, HR Block, Tax Act, or whatever tax filing software you used to file your taxes, even if you did not have your unemployment update deduction there.

If you have not filed your taxes already, look at my previous unemployment update video where I walk through how to get the 10200 unemployment insurance tax free deduction on your tax return.

Do not amend you tax return for the unemployment update.

The tax filing deadline has also been moved back to May 17 from April 15 because of the stimulus bill, stimulus checks, EIDL loans, PPP loans, and unemployment update passed last week.

The child tax credit information will be released by the IRS in the coming weeks but the stimulus child tax credit will be delayed due to the unemployment update and tax filing deadline moving. The IRS will announce the child tax credit rules and system implementation in the coming weeks.


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