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Yes, IT IS TAXABLE. Unemployment compensation you received under the unemployment compensation laws of the United States or of a state must be included in your income. f you received unemployment compensation, you should receive Form 1099-G showing the amount you were paid and any federal income tax you elected to have withheld.
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Please make sure your withholding a portion of your unemployment check for taxes. (Below is a Tax Withholding Estimator)
Recovery Rebate Credit
Employment Development Department
Latest News and Publications from the IRS
If you didn’t get the full Economic Impact Payment, you may be eligible to claim the Recovery Rebate Credit
The IRS and Treasury have issued all first and second Economic Impact Payments.
If you didn’t get any Economic Impact Payments or got less than the full amounts, you may qualify for the Recovery Rebate Credit and must file a 2020 tax return to claim the credit even if you don’t normally file.
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