![[COLUMN] IRS to automatically correct unemployment taxation on your tax return](https://asianjournal.com/wp-content/uploads/2018/04/Vic-Portrait-Suit-4-Copy.jpg)
[COLUMN] IRS to automatically correct unemployment taxation on your tax return
Unemployment benefits are fully taxed by the IRS. However, the recent American Rescue Plan makes the first $10,200 of unemployment benefits tax-free for 2020. President Joe Biden signed the Plan…