After you file

As far as income taxes go, all your friend needs to know about that is that unemployment compensation is taxable income on a federal return, so if he is receiving unemployment in 2020, he will have to enter the 1099G for it on his 2020 tax return.  He will probably need to get it from the unemployment website himself at tax time.

 

Some states also tax unemployment compensation---if his state is one of them, the information will flow from the federal return to the state return in TurboTax.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**