Are Unemployment Benefits Taxable?
Any unemployment insurance benefits you receive are taxable income. You will be issued Form 1099G at the end of January showing the amount of benefits paid to you. The 1099G is not reduced by any repayments you may have made for overpaid benefits. Therefore, if you repaid any benefits, you must maintain your record of payments, such as receipts, cancelled checks, and billing statement to make adjustments to your taxable income and as documentation for the federal Internal Revenue Service and the State Tax office when you file your tax returns. Contact a claims office if you did not keep receipts and need assistance in furnishing documentation for tax purposes.
Get Help from an Experienced Employment Law Attorney
Have you been discriminated against by a potential or current employer -- as a job applicant or current employee? To best protect your legal rights you should discuss your situation with an employment lawyer. Meet with a local employment for employees attorney sooner rather than later to protect your rights.
Additional Employment Law for Employees Articles
- Are There Restrictions On The Hours That A Minor May Work?
- How Do I File For Unemployment Insurance Benefits?
- How Do I Qualify For Unemployment Insurance Benefits?
- How Much Money Can I Receive In Unemployment Benefits?
- What Can I Do If I Am Denied Benefits?
- What Is The Tax Rate For A New Employer?
- How Do I Register As An Employer With The Unemployment Insurance Division?
- When Do I File The Tax Reporting Forms?
- What is the minimum wage in Hawaii?
- What Is The Law Regarding Overtime?
- What Is The Law Regarding Required Paydays?
- Please Explain The New Hire Program.
- How Can An Employer Report?
- What Action Can I Take If I Feel I Have Been Discriminated Against?