2021 tax

Forum|Forum|4 years ago
September 9, 2021
9 replies
37 views

I'm unemployed this year 2021. My last unemployment paycheck was las June of 2021. I have received approximately $12,000 from unemployment. How do I file the amount? I mean, have no information other than the mount that went in to my bank. Will I receive a form with my total income from unemployment? How do I file it?

Best answer by DoninGA

You will receive a Form 1099-G from your state for the unemployment compensation you received in 2021. The Form 1099-G should be mailed to you in January or February of 2022. Although some states require you to go to their state unemployment department website for the 1099-G.

Unemployment compensation is taxable income that is required to be entered on your tax return.

DoninGA

Answer

Level 15

Unemployment compensation is taxable income that is required to be entered on your tax return.

Buw1sK0Author

Level 2

Great information!

I also received a tax refund of roughly $2,200. Is that taxable this year?

DoninGA

Level 15

@Buw1sK0 wrote:

Great information!

I also received a tax refund of roughly $2,200. Is that taxable this year?

Federal tax refunds are never reported as income on a federal tax return.

David_EA

Level 4

Hello @Buw1sK0! You can expect to receive a Form 1099-G "Certain Government Payments". You will be able to file it just as you would any other document. In TurboTax, use the spy glass/search button on the top right of the page to search the form number and it will provide a 'Jump To' link for you. Click on that link and it'll take to the right place to input your Form 1099-G.

Here is a link if you'd like to have more in-depth info on this topic: https://turbotax.intuit.com/tax-tips/unemployment/guide-to-unemployment-and-taxes/L1uajNdHD

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Chanastyle247

Level 2

How do I file my taxes for 2021