File Now

We're ready to help

Have a question? Ask, or enter a search term below.

Are unemployment benefits taxable?

Updated for tax year 2017

When do I need to file a tax return? - Q&A SeriesIs this even taxable?

In short – yes, any unemployment benefits you receive should be included as taxable income on your return.

However, you do not pay Social Security or Medicare tax on unemployment benefits.

To help accurately report the income on your return, you should receive Form 1099-G. This form lists the total unemployment compensation paid to you.

About Andrew O.

Andrew is a certified public accountant and a tax analyst at TaxAct.

Take control of your taxes.
Get our latest tax tips straight to your email for free.

More from the TaxAct Blog