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mreza51
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$10200 of money received from TWC is not taxable .was that subtracted from total income?

still did not get answer for the TWC question
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2 Replies

$10200 of money received from TWC is not taxable .was that subtracted from total income?

Just enter your 1099G into the software.  The software will automatically calculate how much--if any--of your unemployment is taxable.

 

You will have to enter a 1099G that is issued by your state.

 

Some states will mail out the 1099G.  Or you might need to go to your state’s unemployment website and use the password, etc. that you have been using to certify for weekly benefits to get your 1099G from the state’s site.

 

Enter your 1099G in Federal>Wages & Income>Unemployment

 

Go through the screens very carefully, making sure  to enter any federal/state tax you had withheld from the unemployment.

**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.**

$10200 of money received from TWC is not taxable .was that subtracted from total income?

Also bee aware that there are income limits for this exemption.

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