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UI MN Home Page | Site Map Friday, May 09, 2008 |
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Important Notice regarding the 2007 Form 1099-G: The Minnesota State income tax withheld from unemployment insurance benefit payments was incorrectly printed in Box 2, although the amount shown is correct. The correct information was electronically provided to the IRS and the Minnesota Department of Revenue. View letter Unemployment benefits are taxable income under both federal and state law. No later than January 31, applicants who received unemployment benefits, will be mailed an IRS Form 1099-G showing the total benefits paid on their account for the prior year and all federal and state income taxes withheld. This form does not need to be attached to your income tax return. It will be sent to your last known address as of December 31, 2007. Change of Address If your address changed during the past year, you can update it using the Applicant Self-Service System by:
NOTE: You must update your address even if you have stopped requesting benefits. Accessing Year End Tax Information If you misplaced, or did not receive an IRS Form 1099-G, you can access this information using the Applicant Self-Service System by logging in to your account online at www.uimn.org or calling the automated phone system. Duplicate copies available - beginning in February, 2008.
Overpayments The total payment amount was NOT reduced by any repayments of overpaid benefits. A copy of IRS Form 1099-G does NOT need to be attached to your federal or state income tax return. Information shown on IRS Form 1099-G form follows Internal Revenue Service instructions. Federal income tax forms include instructions that explain how to show adjustments for these repayments. If you repaid any benefits, you must maintain your own record, such as receipts and canceled checks, to make adjustments to your taxable income and to serve as documentation for the IRS when you file your tax return. Federal and State All federal income tax related questions should be directed to the Internal Revenue Service at www.irs.gov or 1-800-829-1040. State income tax related questions should be directed to the Minnesota Department of Revenue at www.taxes.state.mn.us/taxes/individ or 651-296-3781. |
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