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Is My Stimulus Payment Taxable? And Other Tax Questions



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Ms. Long generally recommends that people getting unemployment benefits choose to have at least 10 percent withheld for taxes to avoid unwelcome surprises.You’ll probably also owe state income taxes on the unemployment benefits, unless you live in one of the nine states that don’t have a state income tax or a few others that exempt jobless benefits, including California, Montana, New Jersey, Pennsylvania and Virginia. Wisconsin exempts jobless benefits for state residents, but taxes benefits paid to nonresidents, according to the Tax Foundation.Here are some questions and answers about income tax season:I don’t remember getting …

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