close
    1. Home
      2. ›
    2. Business & Finance
      3. ›
    3. Taxes
      4. ›
    4. United States
      5. ›
    5. do unemployment payments need to be counted?
    do unemployment payments need to be counted?

    I am on unemployment right now but it should stop in February---unless there is an extention.

    Answer this
    0  Views: 320 Answers: 1 Posted: 12 years ago
    Comment this question

      1 Answer

      If you are wondering if unemployment payments need to be counted as income for IRS purposes, the answer is YES.  You should receive a form called 1099-G regarding the benefits received during 2011.  Make sure amounts in any of the boxes are reported as necessary.  

      12 years ago. Rating: 1
      Comment this answer

        Ducky

        Moderator
        Hey...we have a resident "taxman"...baws came to the right place! :)
        commented 12 years ago
        Bob/PKB

        Hi Ducka...it's my job til the filing period ends. Enjoyable, hectic at times, exhausting mentally after 8 hours NONstop. :D
        commented 12 years ago


        Did this answer your question? If not, then ask a new question.

        Top contributors in United States category

         
        ROMOS
        Answers: 62 / Questions: 0
        Karma: 3105
         
        Colleen
        Answers: 168 / Questions: 0
        Karma: 2910
         
        Benthere
        Answers: 1 / Questions: 0
        Karma: 1530
         
        country bumpkin
        Answers: 24 / Questions: 0
        Karma: 1485
        > Top contributors chart
        452261
        questions
        719709
        answers
        754057
        users