Question

Unemployment money

Forum|Forum|5 years ago
January 29, 2021
2 replies
0 views

Where do i report unemployment income for 2020.

I have ended up having to decide if it is FARM RELATED or BUSINESS RELATED and it is neither it was sent to me from the State and Fed, when i enter it in Income it throws up the above question ?

TurboTax Deluxe Online

X

xmasbaby0

Employee

UNEMPLOYMENT COMPENSATION

Unemployment compensation is taxable on your federal return.

You will have to enter a 1099G that is issued by your state.

Some states will mail out the 1099G. Or you might need to go to your state’s unemployment website and use the password, etc. that you have been using to certify for weekly benefits to get your 1099G from the state’s site.

Enter your 1099G in Federal>Wages & Income>Unemployment

Go through the screens very carefully, making sure to enter any federal/state tax you had withheld from the unemployment.

https://ttlc.intuit.com/community/entering-importing/help/where-do-i-report-a-1099-g-for-unemployment-or-paid-family-leave/00/26530

STATES THAT TAX UNEMPLOYMENT BENEFITS

AZ, AR, CO, CT, DE, DC, GA, HI, ID, IL, IN, IA, KS, KY, LA, MA, ME, MD, MI, MN, MS, MO, NB, NM, NY,NC, ND, OH, OK, OR, RI, SC, UT, VT, WV, WI

STATES THAT DO NOT TAX UNEMPLOYMENT BENEFITS on the state return

AK, CA, FL, MT, NH, NJ, NV ,PA, SD, TN, TX, VA, WA, WY

https://ttlc.intuit.com/community/personal-income-taxes/help/how-does-receiving-unemployment-affect-my-taxes/00/1756152

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

rjs

Employee

@tholley You are entering your 1099-G in the wrong topic. There is a specific topic for unemployment. You do not enter it under "Other 1099-G Income." To enter unemployment benefits in TurboTax, type "1099-g" (without the quotes) in the Search box. Then click the link that says "Jump to 1099-g."