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To: karpov

IF they make this round of extra unemployment of $600 or whatever TAXABLE, watch how fast people will go back to work.

How long was this extra $$$ paid? 12 weeks??? That is $7200 already paid that won’t be taxable. Start charging taxes on it & the shift in attitudes will be visible.


41 posted on 08/06/2020 6:46:00 AM PDT by ridesthemiles
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To: ridesthemiles

Unemployment benefit is taxed and I believe the federal $600 will be treated the same way. Beneficiaries will receive a 1099-G as tax season begins.

Perhaps some people will get a very unpleasant surprise when they start doing their 2020 taxes.


45 posted on 08/07/2020 6:02:38 AM PDT by evilC
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