WASHINGTON — The Internal Revenue Service today revised its 
frequently asked questions (FAQs) on 2020 unemployment compensation 
exclusion.

This Fact Sheet (<a href="https://www.irs.gov/pub/taxpros/fs-2022-21.pdf">FS-2022-21</a>&nbsp;PDF)&nbsp;updates the 2020 unemployment compensation exclusion frequently-asked-questions (FAQs). These updates are:

These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.

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 <img src="https://media.eaglewebservices.com/public/2020/9/1599869632873.png" alt="" />
 <figcaption></figcaption>
 </figure>IRSWASHINGTON — The Internal Revenue Service today revised its 
frequently asked questions (FAQs) on 2020 unemployment compensation 
exclusion.This Fact Sheet (<a href="https://www.irs.gov/pub/taxpros/fs-2022-21.pdf">FS-2022-21</a>&nbsp;PDF)&nbsp;updates the 2020 unemployment compensation exclusion frequently-asked-questions (FAQs). These updates are:<ul>
 <li>Question 6, Topic A: Eligibility (NEW)</li><li>Questions 1, 2, 4, Topic D: Amended Return (Form 1040-X)</li><li>Question 2, Topic E: Impact to Income, Credits, and Deductions</li><li>Question 1, 8, 9, Topic G: Receiving a Refund, Letter, or Notice</li><li>Question 1, Topic I: Post Unemployment Compensation Exclusion Adjustment</li><li>Question 1, Topic J: Economic Impact Payment</li>
 </ul>These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.

IRS updates FAQs on 2020 unemployment compensation exclusion