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joseph-armentano
Level 1

Im confused. I entered all my unemployment checks as income so it shows up in my total income and then I am supposed to enter the 1099 G form and QBSE factors it or no

am I only supposed to report 1099 G income on the place to submit that form or do each of those checks count as income then get removed from taxable when entered in the 1099g form?
5 Comments 5
AlcaeusF
Moderator

Im confused. I entered all my unemployment checks as income so it shows up in my total income and then I am supposed to enter the 1099 G form and QBSE factors it or no

Hello @joseph-armentano,

 

We want to help you with your concern about the unemployment checks. However, we need more information about it to provide the correct resolution and to get this sorted out promptly.

 

Can you provide more details about your 1099 G concern? Any additional details or clarification about your goal would greatly help. You can get back to us by hitting the Reply button below.

 

In the meantime, you can check the following to know more about 1099 in QuickBooks Self-Employed: Get answers to your 1099 questions.

 

Fill me in if you have more questions about reporting income or filing Form 1099. I'm always here to help. Take care always. 

joseph-armentano
Level 1

Im confused. I entered all my unemployment checks as income so it shows up in my total income and then I am supposed to enter the 1099 G form and QBSE factors it or no

I just typed and extensive and organized outline to clarify and when I pressed post it lost it and said it couldn't submit it...im gonna wait and call customer service .

 

This is a really basic and  easily explained.

 

The question I want to know: Is Turbo Tax(TT) calculating the total reported on a 1099 G for Unemployment Income, (where you have opportunity to enter that separately TT ), as a portion of your total income that is tax free income in these covid years, if I marked all my 1099 G unemployment deposit transactions as income in QBSE income expense tracking?

 

Or should I have only included other checks, cash, or 1099 NEC income deposits as income in QBSE and excluded the deposits from 1099 G unemployment checks only to enter that on the 1099G for Unemployment ?

 

I only have a few types of income, a few individual checks, some 1099NEC thousands, and 1099 G for Unemployment Income . I either need to go exclude all the 1099G check deposit transactions in QBSE and report the 1099G where it asks to separately in TT or I can leave it how I have it and enter the 1099 G information and TT knows to factor that portion as tax free.

joseph-armentano
Level 1

Im confused. I entered all my unemployment checks as income so it shows up in my total income and then I am supposed to enter the 1099 G form and QBSE factors it or no

I just typed and extensive and organized outline to clarify and when I pressed post it lost it and said it couldn't submit it...im gonna wait and call customer service .

 

This is a really basic and  easily explained.

 

The question I want to know: Is Turbo Tax(TT) calculating the total reported on a 1099 G for Unemployment Income, (where you have opportunity to enter that separately TT ), as a portion of your total income that is tax free income in these covid years, if I marked all my 1099 G unemployment deposit transactions as income in QBSE income expense tracking?

 

Or should I have only included other checks, cash, or 1099 NEC income deposits as income in QBSE and excluded the deposits from 1099 G unemployment checks only to enter that on the 1099G for Unemployment ?

 

I only have a few types of income, a few individual checks, some 1099NEC thousands, and 1099 G for Unemployment Income . I either need to go exclude all the 1099G check deposit transactions in QBSE and report the 1099G where it asks to separately in TT or I can leave it how I have it and enter the 1099 G information and TT knows to factor that portion as tax free.

joseph-armentano
Level 1

Im confused. I entered all my unemployment checks as income so it shows up in my total income and then I am supposed to enter the 1099 G form and QBSE factors it or no

I just typed and extensive and organized outline to clarify and when I pressed post it lost it and said it couldn't submit it...im gonna wait and call customer service .

 

This is a really basic and  easily explained.

 

The question I want to know: Is Turbo Tax(TT) calculating the total reported on a 1099 G for Unemployment Income, (where you have opportunity to enter that separately TT ), as a portion of your total income that is tax free income in these covid years, if I marked all my 1099 G unemployment deposit transactions as income in QBSE income expense tracking?

 

Or should I have only included other checks, cash, or 1099 NEC income deposits as income in QBSE and excluded the deposits from 1099 G unemployment checks only to enter that on the 1099G for Unemployment ?

 

I only have a few types of income, a few individual checks, some 1099NEC thousands, and 1099 G for Unemployment Income . I either need to go exclude all the 1099G check deposit transactions in QBSE and report the 1099G where it asks to separately in TT or I can leave it how I have it and enter the 1099 G information and TT knows to factor that portion as tax free.

RenjolynC
QuickBooks Team

Im confused. I entered all my unemployment checks as income so it shows up in my total income and then I am supposed to enter the 1099 G form and QBSE factors it or no

Thanks for adding the additional details, joseph-armentano.

 

Let me also share some information about the 1099 G form.

 

Your total unemployment compensation payments for the year, which generally need to be reported as taxable income on Form 1040, will show on Box 1 of the 1099-G Form.

 

To learn more about the 1099-G Tax Form and the boxes affected, please check out these articles:

 

If you're unsure what category to select, I recommend consulting an accountant. They'll be able to give you the best accounting advice for your business. If you're not affiliated with one, you can visit our Intuit Find-A-ProAdvisor site to find certified professionals near you.

 

You're always welcome to post a reply on this thread if you have more questions or any other concerns with your account. We're here to help. Take care and stay safe.

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