Our Videos

FAQ / What if I receive unemployment compensation?


Unemployment compensation you received under the unemployment compensation laws of the United States or of a state must be included in your income. It is taxable income. If you received unemployment compensation, you should receive Form 1099-G showing the amount you were paid and any federal income tax you elected to have withheld. For more information, see Publication 525, Taxable and Nontaxable Income.

Note: The American Recovery and Reinvestment Act temporarily will change the taxation of unemployment benefits for the 2009 tax year only. Under the new economic stimulus law, the first $2,400 of unemployment benefits received in 2009 will not be subject to federal taxes. The exemption will be reflected on those tax returns filed in 2010.

Keywords: form 1099, us law,
 




Testimonials

AnnaMaria Realbuto
Thank you for all your assistance and efficiency...
Read More »
Kateryna Melnychenko
Thanks a lot Anton!...
Read More »
Rani Payne
Thank you so much! Iím sure I will be in touch again with something else that will need to be apost...
Read More »
Serge Bauer Law
Thank you again for your help with this case!...
Read More »



FAQ

What Information Does The FBI Have?
Read More »
Q. How much time does the foreign State have to reply once service has been effected?
Read More »
Is there additional post-completion OPT available to students working in the high-tech industry?
Read More »
Q: How do you determine whether the Convention applies in a case involving U.S. citizen prospective adoptive parent(s) residing abroad who seek to adopt a child resident in the United States?
Read More »






News

November 30, 23
New York enacts clean slate legislation for old criminal records
Read More »
November 29, 23
Russian soldier forges death certificate to dodge Ukraine War
Read More »
November 27, 23
GA burglars steal birth certificates and social security cards during house break-in
Read More »
November 16, 23
Birth certificate reveals name of baby boy of Kourtney Kardashian and Blink-182 drummer Travis Barker
Read More »