PUA and taxes

[Tax_question10]

Hi 

I got one payment of PUA and have got the 1099 form. The tax was deducted from that PUA amount. I got the notice to refund the amount and appeal is in process for the remaining PUA amounts. 

What should I do , can I got ahead and file taxes or wait for the PUA appeal process decision. 

Thanks 

[MaryK4]

You should report the income in 2020 because you received it in 2020.  Because your unemployment decision is not finalized, you will report it when/if you have to pay it back.

[Tax_question10]

I have received the one payment of PUA in 2020 and got the 1099 form aswell. 

[gloriah5200]

Then you will need to report the PUA 1099-G as unemployment income on your federal return

[Tax_question10]

@gloriah5200 

Thanks 

my one payment was 267 and I got 230 something after tax. There is no tax on PUA under 10,000$, how to do this in turbotax. 

Thanks 

[JamesG1 · Accepted solution]

Unemployment income is reported by your state on IRS form 1099-G.  In TurboTax Online, enter as follows:

• Down the left side of the screen, click on Federal.
• Across the top of the screen, click on Wages & Income.
• Under Your income, scroll down to Unemployment.
• Click on Start/Revisit to the right of W-2.

1040 Schedule 1 line 8 will generate a reversal when the unemployment update takes effect.  View this form under

Tax Tools / Tools / View Tax Summary / Preview my 1040.

This TurboTax Help allows you to sign up for updates from TurboTax about this feature of the tax code.  Nearly each state will respond to this mid-season change in the tax code.