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'Tax-time surprise': COVID-19 unemployment benefits lead to higher tax bill for unsuspecting filers

Joe Biden Usa Washington pandemic bill
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Fox Business reported.If you haven’t been making those deductions, you may be dealt an unpleasant surprise tax bill this season.

Additionally, The Washington Post reports cases of people who did withhold and still face tax bills that climb into the thousands.RELATED: Unemployment claims drop to 730,000; pandemic keeps layoffs highA bit of relief is on the horizon in the form of a $1.9 trillion stimulus package, which includes $1,400 direct payments to Americans.

Democrats are hoping President Joe Biden can sign it in mid-March.That timeline would allow the Internal Revenue Service to distribute stimulus payments before the April 15 tax deadline.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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