arrow_back Back to App

Tax Exemption for Late 2020 Unemployment Payments Received in 2021.

This bill proposes to exempt up to $10,200 of federal income tax from late unemployment payments that were for the year 2020 but received in 2021. This means individuals who received such delayed payments may pay less in taxes, increasing their available funds.
Key points
Tax exemption up to $10,200 for late 2020 unemployment payments received in 2021.
The tax relief applies only to payments related to 2020 that were received in 2021.
The maximum exclusion is $10,200 per taxpayer, regardless of the number of payments received.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_7350
Sponsor: Rep. Thompson, Mike [D-CA-5]
Process start date: 2022-03-31
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

To amend the Internal Revenue Code of 1986 to exempt certain late unemployment payments from taxation.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7350.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-03-31.

What are the main provisions?

Key points include:

  • Tax exemption up to $10,200 for late 2020 unemployment payments received in 2021.
  • The tax relief applies only to payments related to 2020 that were received in 2021.
  • The maximum exclusion is $10,200 per taxpayer, regardless of the number of payments received.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Thompson, Mike [D-CA-5].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Taxes Benefits