Next Covid bill would provide a tax waiver on up to $10,200 of unemployment insurance benefits. Here’s what you need to know

The latest updates to the $1.9 trillion federal coronavirus relief package could save millions of people from a surprise tax bill. The Senate on Saturday passed a version of the Covid relief package that is slightly different than the one passed by the House. Senate Democrats agreed to lower additional unemployment aid to $300 per week from $400 but extended the payments through Sept. 6. They also included a provision to waive taxes on the first $10,200 in unemployment income for those who...
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