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nnshipp
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Can you hold your unemployment for a year without filing it

 
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HelenC12
Expert Alumni

Can you hold your unemployment for a year without filing it

No, you can't hold the amount of unemployment money (benefits) that you received and hold it (not report it on your income tax return) for a year. You have to file an income tax return and report the amount received in that year to avoid non-filing penalties and interest. 

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Can you hold your unemployment for a year without filing it

The IRS gets a copy of your 2020 1099-G, so will know if you do not claim it.

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