People who received the Lay-off will have to report it to the IRS

&amp;NewLine;<p>Employees who have been laid off for at least 30 days have received the <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;portugal-confine-aides-au-entreprise&sol;" class&equals;"rank-math-link">Lay-off<&sol;a> They will now have to include it in their annual IRS &amp;period return; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The Tax and Customs Authority &amp;lpar;AT&amp;rpar; explained to ECO that&amp;rsquo&amp;semi;there is no question of "social support"&amp;comma; which means that amounts received through this route are subject to&amp;rsquo&amp;semi;taxation by the&amp;rsquo&amp;semi;IRS &amp;comma; being considered Class A income &amp;lpar;resulting from dependent work&amp;rpar;&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">Licensees will be required to report the lay-off in IRS <&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The Lay-off was created with the aim of providing support for workers who have suffered income cuts due to the pandemic&amp;period; This aid, which was paid in summer 2020&amp;comma; by the social security system to people who were laid off in the conventional or simplified way for a period of at least 30 days between April and June&amp;period; Whose basic pay did not&amp;rsquo&amp;semi;exceed the value of 1270 euros&amp;comma; in February 2020&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>This benefit was not subject to any requirements, i.e. it was paid automatically by Social Security, by bank transfer. The assistance corresponded to the difference between the basic salary declared in February 2020 and that declared within 30 days of layoff, with a minimum of 100 euros and a maximum of 351 euros;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>As IRS returns on income earned in 2020 approach&amp;comma; <a href&equals;"https&colon;&sol;&sol;eco&period;sapo&period;pt&sol;2020&sol;11&sol;24&sol;aprovada-subida-do-minimo-de-existencia-mais-de-20-mil-contribuintes-vao-ficar-isentos-de-irs&sol;">ECO<&sol;a> questioned the tax authorities, who clarified that the Lay-off is subject to taxation under the IRS &amp;period code; In other words, the amounts must be included in the annual return, which must be filed between April and June&amp;period;<&sol;p>&amp;NewLine;