I live in New Jersey and was on unemployment for part of the year. Im not sure if when I do my federal tax filing if I include the unemployment 1099 or if I wait and include it with my state filing.
2007-02-10 12:23:08 · 6 answers · asked by JC 2 in Business & Finance ➔ Taxes ➔ United States
Both. It is included as income on your Federal return. Nearly every state that has an income tax starts from the Federal AGI (Adjusted Gross Income). Therefore, the state return automatically includes all income on the Federal return. The state may or may not have an adjustment for unemployment income.
2007-02-10 13:18:50 · answer #1 · answered by STEVEN F 7 · 0⤊ 1⤋
As a resident of NJ and employed within NJ you make mandatory contributions to the New Jersey Unemployment Compensation Fund
Governmental program. If you contribute to a governmental unemployment compensation program and your contributions are not deductible, amounts you receive under the program are not included as unemployment compensation until you recover your contributions.
Publication 17
Chapter 12
Chapter 22
2007-02-10 12:36:14 · answer #2 · answered by Rob 7 · 0⤊ 1⤋
i would check with a tax professional ,but i am sure you have to file with both,unemployement income is income and is taxable .
2007-02-10 12:30:39 · answer #3 · answered by william n 2 · 0⤊ 1⤋
Use Turbo tax. They will walk you thru everything!!
2007-02-10 12:32:06 · answer #4 · answered by ? 6 · 0⤊ 1⤋
federal
2007-02-10 12:28:58 · answer #5 · answered by top_one_percentile 1 · 0⤊ 1⤋
Send it to the feds.
2007-02-10 12:30:36 · answer #6 · answered by Anonymous · 0⤊ 1⤋