Do I need to report the additional $600 a week added by the federal government to my unemployment compensation during layoff due to covid shutdown?

posted

Yes. PUA benefits are included in an individual's gross income for federal income tax purposes and are subject to federal income tax withholdings. An individual will receive a Form 1099-G to file with his or her income taxes.

However, The first $10,200 of unemployment payments are now tax-free for households with an annual income under $150,000.

TurboTax is updated for the unemployment exclusion on your Federal Tax Filing.... you can check the link below for information on your state.

How is my state taxing unemployment income?

Box 1 - Unemployment compensation and paid family leave is blank. But I've uploaded a 1099G form for unemployment. Why does box one say 'and' instead of 'or'?

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Do I need to report the additional $600 a week added by the federal government to my unemployment compensation during layoff due to covid shutdown?

Do I need to report the additional $600 a week added by the federal government to my unemployment compensation during layoff due to covid shutdown?

Get more help

Do you have a TurboTax Online account?

Do I need to report the additional $600 a week added by the federal government to my unemployment compensation during layoff due to covid shutdown?

Do you have an Intuit account?

Do I need to report the additional $600 a week added by the federal government to my unemployment compensation during layoff due to covid shutdown?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert