I have a question about filing unemployment compensation and social security income tax. When I report my total wages on Form 1040, Line 7, do I include my Social Security income and unemployment?
Regarding filing unemployment compensation and social security income tax, neither Social Security or unemployment benefit payments count as taxable wages so you do not have to report them as income. On your Form 1040, claim:
- Unemployment compensation on Line 19
- Social Security income on Line 20
Related Resources
Receive an IRS CP21B notice? Learn more about notice CP21B and how to handle it with help from the tax experts at H&R Block.
IRS direct deposit is a convenient way to receive your tax refund. Find out the benefits of using direct deposit and how you can set it up for your tax return.
Understand your tax responsibilities when you receive nonemployee compensation. Read the IRS definition and get more insight from the experts at H&R Block.
IRS Form 433-F, Collection Information Statement, is used to determine taxpayer's ability to pay the IRS. Learn more from the tax experts at H&R Block.
