1099 For Unemployment Compensation

I am filing my income taxes and I need the Form 1099G showing the amount of benefits paid and the amount of withholding tax which was forwarded to the IRS.  How do I obtain this document? You do owe income tax on the unemployment compensation you received this year, and it’s your responsibility to make … Continue reading »

Unemployment and Income Tax

If you collected unemployment this year, the first $2,400 of any unemployment insurance collected is not subject to tax. Continue reading »