Wondering why when I put in my unemployment information my refund went from 4800 to 1500.

krios2389 — Thu, 06 Jun 2019 13:17:03 GMT

If you received unemployment benefits this year, you can...

JulieH1 — Thu, 06 Jun 2019 13:17:04 GMT

If you received unemployment benefits this year, you can expect to receive a Form 1099-G “Certain Government Payments” that lists the total amount of compensation you received. The IRS considers unemployment compensation to be taxable income—which you must report on your federal tax return.

When you add in the unemployment, it raises your taxable income which lowers your refund.

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Wondering why when I put in my unemployment information my refund went from 4800 to 1500.

If you received unemployment benefits this year, you can...