| | |||
| |||
| froarty572[at]comcast.net (frank roarty) writes: - quote - > searching Google I found a link about someone from Mass who, like
Deduct as an itemized deduction on Schedule A of your tax return.> myself was found non fradulent but still required to repay > unemployment from previous years. (in my case unlawfull layoff settled > thru arbitration) Unlike him however I have not received a 1099 for my > repayments from NJ and did not realize since I paid income tax on this > income when I received it I may be entitled to deduct it as it is now > reducing present year incomes - I do get a bill every month with a > running balance from unemployment (NJESA) that includes my payments > and credit for homeowners and state rebates that they always seize. > Is it deductable, Can I back file for previous 2 years of repayments? > Do I need and if so how to aquire 1099 for this and previous years. I > am a single dad raising 2 kids and still have 18 mos of rehabalitative > alimony to pay..I soooo need this!$$ See page 29 of Publication 525: http://www.irs.gov/pub/irs-pdf/p525.pdf "Jack" - John H. Fisher - TaxService[at]aol.com Philadelphia, Pa - Atlantic City, NJ - West Wildwood, NJ My Newsgroups & Boards at: http://members.aol.com/TaxService/index.html Where Ignorance is bliss, 'tis folly to be wise!= ![]() << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
|
#-1
| |||
| |||
| searching Google I found a link about someone from Mass who, like myself was found non fradulent but still required to repay unemployment from previous years. (in my case unlawfull layoff settled thru arbitration) Unlike him however I have not received a 1099 for my repayments from NJ and did not realize since I paid income tax on this income when I received it I may be entitled to deduct it as it is now reducing present year incomes - I do get a bill every month with a running balance from unemployment (NJESA) that includes my payments and credit for homeowners and state rebates that they always seize. Is it deductable, Can I back file for previous 2 years of repayments? Do I need and if so how to aquire 1099 for this and previous years. I am a single dad raising 2 kids and still have 18 mos of rehabalitative alimony to pay..I soooo need this!$$ hoping for some good news, the link below is from the similar case in MASS: http://groups.google.com/groups?q=re...io.net&rnum=20 << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| deductable, repayment, unemployment |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| money & 401k loan repayment Henderson: Does anyone know the correct way to setup a 401k loan and how to handle the after-tax deduction on a payroll check? I have been using money for 6... | Microsoft Money | 1 | 04-24-2004 04:38 PM | |
| Consultant buys software for his client - Deductable? Where on Schedule C David Flaschen: First of all. Thank you to whoever answers my question. I suspect it is a VERY easy one to answer (but not for me!) I am a computer consultant.... | Taxes | 2 | 07-30-2003 07:19 PM | |
| FL Telecommuter Denied Unemployment Dave Woods, EA: Reading on the web today, there was a story about how a woman who worked in Florida and telecommuted to NY was denied unemployment benefits in... | Taxes | 16 | 07-14-2003 06:16 AM | |
| Thread Tools | |
| Display Modes | |
| |