Yes, unemployment compensation in excess of $2,400 per recipient is taxable on the federal tax return. On the 2009 Form 1040, that amount is entered on line 19. For a married couple, if both received unemployment compensation, the taxable amount would be anything over $4,800 if each received $2,400.
However, for Tax Year 2009, you may exclude the first $2,400 (you do not have to report it).
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Yes on your federal 1040 income tax return ALL of your gross worldwide income is REPORTED on the only1 federal income tax return that would be ALLOWED to file for the tax year.
Not only can you file a tax return with just unemployment benefits, but in some cases you have to. Unemployment benefits are considered income, and as long as your income is greater than the filing threshold, you have to file a return. For 2012 the filing thresholds are $9,750 for single filers and $19,500 for a married couple. You should get a 1099-G [Certain Government Payments] summarizing all of the benefits you received throughout the entire tax year.
Yes. Unemployment benefits are taxable income. If you had taxes withheld from your checks, you may be entitled to a refund.
If the unemployment came from Ma. or you had other income from Ma. yes.
how can I file an amendment to my 2010 tax return?
It depends on how much you earned in the tax year and your filing status. These determine your tax bracket. For instance, in 2008, if you're married but filing separately, you have to file if you earned at least $3,400. However, if you're single, you only have to file if you earned at least $8,750. You can calculate your estimated tax by using a tax rate schedule. I have a 1099G from unemployment - 353.00 - I also have a 1099 from Social Security Benefit - 7, 152.00 - Totalling $7,505.00. No taxes were taken out of my unemployment check. I was wondering if I had to file because of the unemployment I received. I file single.
If you are being claimed as a dependent on your parents or anyone else's return then you will have to file a tax return. If not then no you don't have to file a return.
If you have filed a tax return but you then realize that your return is inaccurate in some way and you wish to correct the inaccuracy, you can file a revised tax return which would be called an amended tax return.
How can you file and receive unemployment from a state that is not where you reside? The answer is going to depend on what state is listed on your W-2 form in the state section at the bottom. This will tell where the income is deemed to be earned. You will need to file a return for every state where you have reported income. In the case of the state you are asking about you will need to file a non-resident return.
can i e file my mass tax return for free
There is a form that you are required to file when you paper file your PA state tax return.