Posted by Randy Park 20th May 2016 09:15 GMT, 3 repliesFilters: Global Tax

Are unemployment benefits taxable?

Gregster220th May 2016 22:32 GMT

Sorry, yes, that is a line item on pg 1 of 1040.

CathyRoberson3rd August 2016 10:23 GMT

#RESOURCE: Although it doesn't seem quite fair, the IRS does consider unemployment income as taxable income, as do most states.

On the bright side, if your sole source of income during 2015 was from unemployment, you might not have enough income to be required to file a return.

Unemployment income is reported on Form 1099-G. After you enter your unemployment income, we'll figure out how much (if any) is taxable by the IRS and your state.

#Cathy Roberson, Freelance Writer
4276 Delaware Avenue
San Francisco, CA 94108

sophiesmith27th September 2016 06:16 GMT

taxable not
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