Did you get a Form 1099-G recently from the IRS reporting jobless benefits you did not receive? Waste no time contacting your state unemployment agency to get a corrected form saying you didn’t receive those benefits. “If you’re unable to obtain a timely, corrected form, you should still file an accurate income tax return reporting only the income you received,” says Rock & Hammer CEO Henry Obadiah. “But know that a corrected Form 1099-G showing zero jobless benefits when you’re been a victim of identity theft will help you avoid being hit with an unexpected federal tax bill for unreported income down the road.” The IRS in early January issued … Read More
