Unemployed Americans should be ready for tax sesaon

The millions of people who were unemployed this year may want to start planning now for tax season.

Unemployment income is taxable if you didn't already have those taxes taken out.

SEASON.UNEMPLOYMENT INCOME IS TAXABLEIF YOU DIDN'T ALREADY HAVETHOSE TAXES TAKEN OUT.YOU MAY ALSO BE ELIGIBLE FOROTHER DEDUCTIONS AND CREDITSLIKE THE EARNED INCOME TAXCREDIT-- OR THE CHILD ANDDEPENDENT CARE CREDIT.SOT TRT: 9SEC LISA GREENE-LEWIS/ CPA & TAX EXPERT, TURBOTAX"THAT'S AN INCOME BASED ONETHAT'S BASED ON A SLIDING SCALEDEPENDING ON HOW MUCH YOU MAKE.SO IF YOU MADE LESS MONEY, YOUCOULD SEE MORE OF THAT."STIMULUS PAYMENTS ARE NOTTAXABLE.BUT IF YOU DIDN'T GET THEAMOUNT YOU'RE ELIGIBLE FOR--YOU CAN GET IT AS A RECOVERYTAX REBATE.THE I-R-S HASN'T SAID WHEN THETAX FILING SEASON WILL OPEN BUTIT'S USUALLY IN EARLY JANUARY.PETCO IS NOW OFFERING SAME-DAY