Tag Archives: Taxes

Why Did I Receive a 1099G Tax Form?

Why did I receive a 1099G tax form from the Department of Labor? Are unemployment insurance benefits taxable?

If you collect or repay unemployment insurance benefits during any taxable year, you should receive a 1099-G IRS form that shows the total taxable unemployment compensation issued to you from the State of Idaho for a calendar year.

Unemployment insurance benefits are taxable. Payment information is reported to the Internal Revenue Service (IRS) and you are required to file a tax return for payments received or repaid.

Sample 1099-G form

I collected or repaid unemployment insurance benefits and have not received my 1099G tax form yet. Where is it?

The department mails 1099-G forms at the end of January to the address you have listed on your unemployment insurance contact information. The post office will return a Form 1099-G as undeliverable if you move and do not update your address. It is your responsibility to make sure the Idaho Department of Labor has the most recent and correct address. If your address has changed, go to labor.idaho.gov/iw and update it, even if you are no longer filing. IMPORTANT: YOUR 1099-G WILL INCLUDE YOUR ENTIRE SOCIAL SECUIRTY NUMBER, AS REQUIRED BY THE INTERNAL REVENUE SERVICE. FAILURE TO UPDATE YOUR MAILING ADDRESS COULD RESULT IN YOUR 1099-G GOING TO THE WRONG ADDRESS AND PUT YOUR IDENTITY AT RISK.

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FAQ Friday: Are Unemployment Insurance Benefits Taxable?

Q. Are unemployment insurance benefits taxable?

A. Yes. Unemployment insurance benefits are fully taxable, and you are required to file a tax return for payments received or repaid.

 Q. What do I need from the Idaho Department of Labor to file my taxes?

A. If you collected or repaid unemployment insurance benefits, you’ll receive a summary of the benefits you received by the end of January. This form, otherwise known as an IRS form 1099-G, will be sent to your last known address. It’s your responsibility to make sure the Idaho Department of Labor has the most recent and correct address. If your address has changed, go to labor.idaho.gov/iw and update it, even if you are no longer filing. IMPORTANT: YOUR 1099-G WILL INCLUDE YOUR ENTIRE SOCIAL SECUIRTY NUMBER, AS REQUIRED BY THE INTERNAL REVENUE SERVICE. FAILURE TO UPDATE YOUR MAILING ADDRESS COULD RESULT IN YOUR 1099-G GOING TO THE WRONG ADDRESS AND PUT YOUR IDENTITY AT RISK.

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