10 Tax Surprises That Could Catch You Off Guard and Affect Your Wallet

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Investopedia article written by Lucy Lazarony - 3/07/2025

Your unemployment benefits may have gotten you through a tough time, but they're not tax-free.

"While (unemployment benefits) may seem like a government assistance program, the IRS taxes them as regular income," says Filip Telibasa, a certified financial planner at Benzina Wealth.

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