Can I exclude my unemployment compensation from my 2021 tax return? Wages of $11,00 during first half of year then Received a total of $7500 in July
Can I exclude my unemployment compensation from my 2021 tax return? Wages of $11,00 during first half of year then Received a total of $7500 in July
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter7: Employee Earnings And Deductions
Section: Chapter Questions
Problem 5E: For tax purposes, assume that the maximum taxable earnings are 118,500 for Social Security and 7,000...
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![Can I exclude my unemployment compensation
from my 2021 tax return? Wages of $11,00 during
first half of year then Received a total of $7500 in
July](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F15c22c02-a3a9-49b9-b857-642a5ba16fee%2F38a5a626-ce9b-450c-b3cc-705843e8aebd%2Ftkopxsf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Can I exclude my unemployment compensation
from my 2021 tax return? Wages of $11,00 during
first half of year then Received a total of $7500 in
July
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