pk
Level 15
Level 15

Get your taxes done using TurboTax

@shanesnh ,  for US tax purposes you should treat this "unemployment benefit" just as if you had received it  in the USA  -- in the US case it behaves like passive income ( i.e. does not attract  FICA taxes  ) and shows up schedule-1 and onto  form 1040 -- just like other income.  So I would suggest  telling TurboTax that you have   unemployment  benefits  and no 1099-G.  It should work.

 

On refreshing my memory about the Tax Treaty between US and Korea,  (a) unemployment  benefit is not  directly dealt with,  (b) but there is a clause  allowing   ONLY Korea to  tax wages/remunerations/ etc. from public sources.   This kind of conflicts with the "saving clause" which allows each country to follow its own tax rules.  Because I am not sure of the sourcing of  Unemployment Benefit in Korea i.e. whether it is an insurance paid by the employer or it is from public sources.   Hence , if Korea taxes this income then it may be eligible for foreign tax credit ( because  it is not active income and therefore  generally  would not be included in the Foreign Earned Income  Exclusion) as passive income like interest/dividend/ capital gain etc.

 

Does this help ?   Is there more I can do for you ?