Tax Frequently Asked Questions (FAQs) and Advice
Unemployment benefits, state tax refund and other government payments. File Form 1099-G, Certain Government Payments, if, as a unit of a federal, state, or local government, you made payments of unemployment compensation; state or local income tax refunds, credits, or offsets; reemployment trade adjustment assistance (RTAA) payments; taxable grants; or agricultural payments. You must also …
Earned Income is taxable income or profit you received from working. You may have income from working for an employer and running a business. You must report all income earned during the year on your Federal and State returns.
Unearned income is taxable interest, ordinary dividends, capital gain distributions, unemployment compensation, taxable social security benefits, pensions, annuities, distributions from trusts, alimony, child support, and payment for work while an inmate in a penal institution. You can receive money in many forms such as checks, cash, property and/or services. Taxable income includes unearned and earned income such as Wages, Ordinary …
