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If you received unemployment benefits in 2020, you likely received a 1099-G form from your state unemployment insurance agency officially stating how much money you received in 2020 and how much ...
The form — called Form 1099-G, Certain Government Payments — is issued by various government agencies. Among other things, it lists the total unemployment compensation recipients received over ...
Unemployment benefits are taxable, so government agencies send a 1099-G form to people who received them so they can report the income on their tax returns. Tax forms help reveal extent of ...
Form 1099 is also used to report interest (1099-INT), dividends (1099-DIV), sales proceeds (1099-B) and some kinds of miscellaneous income (1099-MISC). Blank 1099 forms and the related instructions can be downloaded from the IRS website.
As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.
If you received a 1099-G Form this year from a government agency, you may need to report some of the information it contains on your tax return.
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