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I just got laid off and I heard that my unemployment checks will be tax free from the federal government?

April 26, 2017checks Federal Free GOT government heard laid tax unemployment

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I just got laid off and I heard that my unemployment checks will be tax free from the federal government?

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In 2009, the first $2,400 of unemployment benefits will be free from federal income tax. Right now it is only for 2009, but stay tuned because if things get worse this amount could be increased or extended into next year. This article contains general information. Individual financial situations are unique; please, consult your financial advisor or tax attorney before utilizing any of the information contained in this article.