What if I receive unemployment compensation? |
|
Unemployment compensation you received under the unemployment compensation laws of the United States or of a state must be included in your income. It is taxable income. If you received unemployment compensation, you should receive Form 1099-G showing the amount you were paid and any federal income tax you elected to have withheld. For more information, seeĀ Publication 525, Taxable and Nontaxable Income.
Return to What If?
|
|
|
Page Last Reviewed or Updated: January 05, 2009