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    Important Information About Form 1099-G: D D Flaumenbaum 2481 Haff Ave North Bellmore Ny 11710-2735

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    ddouglasf2357
    This document provides information about unemployment compensation and Form 1099-G. It explains that: 1) Form 1099-G is being provided to report unemployment compensation payments of $10 or more received in 2019. 2) Box 1 of Form 1099-G shows the total unemployment compensation paid in 2019, which is generally taxable income. 3) Keep Form 1099-G for tax return preparation as it contains information about taxes withheld from payments.

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    Important Information About Form 1099-G: D D Flaumenbaum 2481 Haff Ave North Bellmore Ny 11710-2735

    Uploaded by

    ddouglasf2357
    199 views1 page
    This document provides information about unemployment compensation and Form 1099-G. It explains that: 1) Form 1099-G is being provided to report unemployment compensation payments of $10 or more received in 2019. 2) Box 1 of Form 1099-G shows the total unemployment compensation paid in 2019, which is generally taxable income. 3) Keep Form 1099-G for tax return preparation as it contains information about taxes withheld from payments.

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    1099TaxForm

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    This document provides information about unemployment compensation and Form 1099-G. It explains that: 1) Form 1099-G is being provided to report unemployment compensation payments of $10 or more received in 2019. 2) Box 1 of Form 1099-G shows the total unemployment compensation paid in 2019, which is generally taxable income. 3) Keep Form 1099-G for tax return preparation as it contains information about taxes withheld from payments.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    199 views1 page

    Important Information About Form 1099-G: D D Flaumenbaum 2481 Haff Ave North Bellmore Ny 11710-2735

    Uploaded by

    ddouglasf2357
    This document provides information about unemployment compensation and Form 1099-G. It explains that: 1) Form 1099-G is being provided to report unemployment compensation payments of $10 or more received in 2019. 2) Box 1 of Form 1099-G shows the total unemployment compensation paid in 2019, which is generally taxable income. 3) Keep Form 1099-G for tax return preparation as it contains information about taxes withheld from payments.

    Copyright:

    © All Rights Reserved
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    of 1

    Do You Qualify For An Earned Income

    NEW YORK STATE DEPARTMENT OF LABOR Credit?


    PAYMENT UNIT, BUILDING 12 1099-G You may be entitled to a Federal tax credit. The amount
    PO BOX 621 of the credit is based on your earned income such as
    ALBANY, NY 12201-0621 wages and self-employment. This credit may be allowed
    even if you do not owe any Federal income tax.
    However, you must file a Federal income tax return to
    obtain the credit. See the instructions on your Federal
    income tax forms to determine if the amount of your
    income allows you to claim this credit.

    D D FLAUMENBAUM
    2481 HAFF AVE
    NORTH BELLMORE NY 11710-2735

    Important Information About Form 1099-G


    Because you received unemployment compensation payments of $10 or more If this 1099-G is for a year other than 2019, see the instructions on the
    in 2019, New York State is required to report those payments to the Internal appropriate tax return, or contact the Internal Revenue Service, the
    Revenue Service, and give you Form 1099-G by January 31, 2020. NYS Department of Taxation and Finance or your local taxing authority
    Unemployment compensation includes: to determine the amount of taxable unemployment insurance.
    Unemployment Insurance payments BOX 2 Shows adjustments credited to you this year. INCLUDES: Your
    Federal Extended Benefits payments cash payments and income tax refunds used to pay back overpaid
    TAA (Trade Adjustment Act) basic, retroactive, and additional training benefits. DOES NOT INCLUDE: Your payments to cover penalties, and
    payments your unemployment insurance benefits used to pay back overpaid
    DUA (Disaster Unemployment Assistance) payments benefits. Adjustment information may be helpful to you in filing your
    return.
    Please keep Form 1099-G for your records. You will need this information to
    BOX 4 Shows total Federal income tax withheld from unemployment
    complete your Federal, State and local income tax returns. If you did not
    compensation paid to you this year. If you voluntarily authorized
    receive any unemployment compensation this year, but repaid an
    withholding, tax has been withheld at a 10% rate. Include this amount on
    overpayment, this form is being sent in case it will be of help to you.
    your income tax return as tax withheld.
    Note: Unless you have voluntarily authorized Federal or State withholding, BOX 5 Shows Reemployment Trade Adjustment Assistance (RTAA)
    Federal, State and local income taxes are not withheld on unemployment payments you received. The amounts are not included in the Box 1 total.
    compensation. If you expect to receive these benefits in the future, you can Include on Form 1040 on the "Other income" line. See the Form 1040
    ask the Department to withhold Federal and State income tax from each instructions.
    payment. Or, you can make estimated tax payments during the year. For more
    BOX 10a Shows the payer's state.
    information regarding how to make estimated tax payments, see instructions
    on the appropriate tax return, or, contact the Internal Revenue Service or the BOX 10b Shows the payer's Federal Identification Number.
    NYS Department of Taxation and Finance. BOX 11 Shows total State income tax withheld from unemployment
    BOX 1 Shows the total unemployment compensation paid to you this year. compensation paid to you this year. If you voluntarily authorized
    For tax year 2019, combine the box 1 amounts from all Forms 1099-G, and withholding, tax has been withheld at a 2.5% rate. Include tax withheld, if
    report the amount as income on the unemployment compensation line on your any, on your income tax return.
    return. Except as explained in the following instructions for the remaining Future developments. For the latest information about developments
    boxes, this is your taxable amount. If you are married filing jointly, each related to Form 1099-G and its instructions, such as legislation enacted
    spouse must figure his or her taxable amount separately. after they were published, go to www.irs.gov/form1099g.

    PAYER'S name, street address, city, state, ZIP code, Federal identification number, and telephone number OMB No. 1545-0120
    Statement for
    Recipients of
    NEW YORK STATE
    Certain
    DEPARTMENT OF LABOR-UNEMPLOYMENT INSURANCE Government
    Payments
    ALBANY, N.Y. 12240-0001
    2019
    PAYER'S Fed. Id. No. 27-0293117 Phone 518 485-7071
    Form 1099-G (12/19)
    RECIPIENT'S identification number 1. Unemployment compensation 2. Adjustments 3. 4. Federal income tax withheld

    090-68-6619 $8,437.50 $0.00 $843.75


    RECIPIENT'S name, street address, city, state and ZIP code 5. RTAA Payments 6.

    $0.00
    7. 8. 9.
    D D FLAUMENBAUM
    2481 HAFF AVE 10 a. 10 b. State 11. State income tax withheld
    NORTH BELLMORE NY 11710-2735 State Identification No.
    NY 27-0293117 $210.93
    This is important tax information and is being furnished to the Internal Revenue Service.If you are required to file a return, a negligence penalty or other
    sanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported.

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