Are EIDL, PPP loans, or Unemployment payments subject to income tax? by Thomas Maddrey | Apr 29, 2020 | 0 comments Unemployment benefits are almost always personally taxable. PPP and EIDL amounts are not generally subject to income tax. Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.