I reported all of my unemployment income on my taxes, but I did not use the form from the unemployment agency to repot my income as unemployment. Do I amend?

[The Morning Star]

I got the tax form after I filed my taxes. I figured since I use Inuit and report all of my income from there, it didnt really matter. But now, I dont think the IRS has any idea that my income was from unemployment and I wont get thge $1020 tax rebate. Should I amend ?

[fanfare]

"I reported all of my unemployment income on my taxes"

On which line of 1040 did you put this income.? 

That makes all the difference.

[The Morning Star]

Im not really that savy when it comes to taxes......I see alot of areas, but Im not sure what line makes all the difference. I do see a line that says w-2, and 1099 and the 1099 line is empty. Line 9 on the first sheet that says total income...is that the line you're talking about? 

Im almost certain I screwed this portion up, and should probably just eat the lost of not getting that unemployment tax rebate. Trying to amend and fix this might be a bigger headache than the return itself.

😩

[Hal_Al · Accepted solution]

You do not need to report the Unemployment compensation from the form from the unemployment agency (form 1099-G), as long as you entered the correct amount in the correct place.  

Unemployment compensation is reported on line 7 of Schedule 1 and is also included in the  amount on line 8 of form 1040  (for most people line 8 of form 1040 is your unemployment comp).  You do not need to amend if that is where it is. 

The is no  $1020 tax rebate.  What there is is a (up to) $10,200 deduction before income tax is calculated.  If you filed before the deduction  law was passed, the IRS will automatically recalculate your taxes and send you a refund. 

[fanfare]

you have o look at the actual tax return you filed, (or get a transcript from IRS).

Your unemployment should be on Schedule 1 Line 7.

If not there,  get a friend or family member savvy with Form 1040-X to help you.

[The Morning Star]

Ok.....my line 7 On the 1040 is empty....but my line 8 says  -$16, 392.  That is about what I got from drawing unemployment .

Line 9 says $37,063.

I seem to remember something in turbo tax asking is I received  unemployment compensation, when I filed earlier this year. 

[Hal_Al]

Line 8 of form 1040 comes from Schedule 1.

Do you really mean - 16,392 (a negative number)? 

If it's a positive amount and represents your unemployment, then you do not need to amend.  The IRS will automatically make the $10,200 adjustment.

[The Morning Star]

[fanfare]

we still can't know because the unemployment number goes on Schedule 1.

[The Morning Star]

Ive already got a headache just thinking about if I did it right or if I should process an amendment. And I may only get $200 back for a world of trouble. I'm guessing doing an amendment isn't the simplest thing to do either.

Either way, thanks for all of your responses. 

[fanfare]

It's not easy to get a very negative amount for Other Income without knowing why.

Post Schedule 1 like you did for 1040 and someone will comment.