Stimulus payments Americans are receiving are non-taxable but don’t forget unemployment benefits are taxable. While the state won’t take any of your money in Florida, the federal government will be taking their fair share. The best thing you can do is have taxes deducted from your unemployment payments as you’re getting them, instead of paying hundreds or thousands of dollars when you file your taxes.
Talk about Tampa’s growth, community, opportunities and challenges on “Tampa Bay Today” with Shriner Monday from 11am to 12:30pm and Tuesday through Friday from 10am to 12:30pm on MoneyTalk 1010. Call 888-404-1010 to be a part of the conversation. Shriner would love to hear your take on the topics of the day, news, politics, business, the economy and more… without becoming angry or depressed. We know that could be asking a lot!