Under normal circumstances, income from unemployment insurance is treated as income from a paycheck and subject to federal tax and state taxes where it applies. Unemployment income is also typically ...

You should receive a 2025 Form 1099-G by Jan. 31, reporting the amount of the unemployment insurance payments you received during 2025.

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Individuals who collect unemployment compensation benefits (UC benefits) need to familiarize themselves with calculating the taxes on unemployment compensation. Free tools such as unemployment tax ...

FILE - In this April 23, 2020 file photo, President Donald J.Trump's name is printed on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak in San ...

Forbes contributors publish independent expert analyses and insights. I cover changes and new developments in the federal tax law. This article is more than 4 years old. The Senate approved a COVID ...

Q: I recently signed a severance agreement that included six weeks of pay. Do I have to wait until the end of my severance period before I can start collecting unemployment compensation? Can I file ...

In a win for unemployed Americans, the head of the IRS said that workers likely will not need to file amended tax returns to claim an exemption on up to $10,200 of unemployment compensation received ...