If my wife received unemployment but wants to wait...
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If my wife received unemployment but wants to wait to file her 1099 till next tax return is that okay

 
3 Replies
Level 15

If my wife received unemployment but wants to wait to file her 1099 till next tax return is that okay

NO.  If she got a 2020 1099G for unemployment it goes on your 2020 return.  

Level 15

If my wife received unemployment but wants to wait to file her 1099 till next tax return is that okay

Unemployment compensation received in 2020 can Only be entered on a 2020 tax return.  The tax code requires All income from All sources in the tax year be entered on only One tax return for that tax year.  If filing as Married Filing Jointly this requirement is for both of you.

Level 15

If my wife received unemployment but wants to wait to file her 1099 till next tax return is that okay

No that is not okay at all.    ALL of your 2020 income has to be entered on your 2020 tax return.   You cannot pick and choose what income you want to report on your tax return.   2020 income cannot be entered on a 2021 tax return.

 

 

UNEMPLOYMENT COMPENSATION

Unemployment compensation is taxable on your federal return. 

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.

https://ttlc.intuit.com/community/entering-importing/help/where-do-i-report-a-1099-g-for-unemploymen...

 

STATES THAT TAX UNEMPLOYMENT BENEFITS

AZ, AR, CO, CT, DE, DC, GA, HI, ID, IL, IN, IA, KS, KY, LA, MA, ME, MD, MI, MN, MS, MO, NB, NM, NY,NC, ND, OH, OK, OR, RI, SC, UT, VT, WV, WI

 

STATES THAT DO NOT  TAX UNEMPLOYMENT BENEFITS on the state return

AK, CA, FL, MT, NH, NJ, NV ,PA, SD, TN, TX, VA, WA, WY

 

https://ttlc.intuit.com/community/personal-income-taxes/help/how-does-receiving-unemployment-affect-...

**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.**
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