Is my unemployment taxable?
Updated: 2/01/2013
Article ID: IAS10438
Unemployment benefits may be taxable on your federal return, depending on your total income.
The good news is, if your 2012 income is low to moderate, you may not have to pay any federal taxes for 2012. Also, many states do not tax unemployment income.
We'll figure out how much of your unemployment, if any, is taxable this year.