Unemployment Pub 17 Chapter 12 (Federal 1040-line 19) 11-04-2015NJ TAX TY2014 v11.

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Presentation transcript:

Unemployment Pub 17 Chapter 12 (Federal 1040-line 19) NJ TAX TY2014 v11

Unemployment Unemployment is taxable for Federal Unemployment is not taxable in NJ TW handles automatically End-of-year tax statement: 1099-G Statement for Certain Government Payments NJ TAX TY2014 v1 2

NJ 1099-G for Unemployment 1099-G not mailed to taxpayer; must look up info on NJ Dept. of Labor website Site is: or Link from TaxPrep4Free.org Preparer page: NJ Form 1099-G Inquiry (Unemployment)NJ Form 1099-G Inquiry Taxpayer must have a user name, password & pin to view/print 1099-G NJ TAX TY2014 v1 3

Sample 1099-G Unemployment Income NJ TAX TY2014 v

TW-Unemployment Benefits 1099-G TW transfers to 1040 Line 19 TW includes in 1040 Line NJ TAX TY2014 v1 5

TW Unemployment Benefits on 1040 Line 19 TW transfers from 1099-G NJ TAX TY2014 v1 6