TaxBandits Knowledge Base

What is Form 1099-G?

Form 1099-G is a tax form that is used to report certain government payments that you may have received during the tax year. The "G" in the form number stands for "government."

There are a few different types of payments that may be reported on Form 1099-G, including.

• Unemployment compensation: If you received unemployment benefits from your state, those payments would be reported on Form 1099-G.
• State and local tax refunds: If you received a refund of state or local income taxes during the tax year, that refund might be reported on Form 1099-G.
• Certain federal payments: Some federal payments, such as agricultural payments or disaster assistance payments, may be reported on Form 1099-G.

The information reported on Form 1099-G is used to calculate your taxable income for the year. You will need to report the information from Form 1099-G on your federal tax return, and you may also need to report it on your state tax return, depending on the state filing requirement.

To learn more information about Form 1099-G, click here.