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UI MN Home Page | Site Map Sunday, March 14, 2010 |
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Unemployment benefits are taxable income under both federal and state law. However, the American Recovery and Reinvestment Act of 2009 provides that $2400 of unemployment benefit payments you receive in calendar year 2009 (reported on the tax return you file in 2010) is not subject to federal income tax. January 28, 2010 - All 1099-Gs have been mailed. The amount listed in box 1 includes all unemployment insurance payments (regular, extended and the $25 supplemental weekly payment) made to an individual during 2009. The form was sent to the address on record as of December 31, 2009.
Overpayments The amount on IRS Form 1099-G does not include any overpayments or adjustments to your account, it only shows payments made to you. The instructions on your federal tax forms explain how to make adjustments for repayments. If you need assistance or information to prepare your taxes, contact the Internal Revenue Service, visit the Minnesota Department of Revenue Web site at www.taxes.state.mn.us, or check the government section of your local phone directory for phone numbers.
Federal and State All federal income tax related questions should be directed to the Internal Revenue Service at www.irs.gov or 1-800-829-1040. State income tax related questions should be directed to the Minnesota Department of Revenue at www.taxes.state.mn.us/taxes/individ or 651-296-3781. |
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