Unemployment benefits are generally considered taxable income by the IRS. This means they may affect how much you owe in taxes or the size of your refund.
If you received unemployment benefits, here are a few steps you can take:
Consider speaking with a qualified tax professional to understand how this income may impact your specific situation.
Learn more about unemployment compensation on the IRS website
Chime does not provide tax advice. Please consult your accountant for tailored tax guidance.