Scott Walker, Governor
Reginald J. Newson, Secretary
Department of Workforce Development
201 E. Washington Avenue
P.O. Box 7946
Madison, WI 53707-7946
Telephone: (608) 266-3131
Fax: (608) 266-1784
FOR IMMEDIATE RELEASE
Thursday, January 15, 2015
CONTACT: DWD Communications, 608-266-2722
On the Web: http://dwd.wisconsin.gov/dwd/news.htm
On Facebook: http://www.facebook.com/WIWorkforce
On Twitter: @WIWorkforce
Unemployment Insurance 2014 Tax Statements Available Online
MADISON – The Department of Workforce Development (DWD) is reminding state residents who received Unemployment Insurance (UI) benefits last year that they must report UI benefits as taxable income on their 2014 tax returns and that their 1099-G benefit statements for the year are easily accessible on DWD's website.
To access 1099-G statements, claimants can go to http://dwd.wisconsin.gov/uiben/1099.htm and then follow a few easy steps to get an electronic copy of their 2014 benefit payments.
UI benefits are considered taxable income for both federal and state income taxes, and the 1099-G form shows what a claimant received during the previous year. DWD mails 1099-G forms to the last known address of claimants, who must have the statements to complete their federal and state tax returns. DWD is mailing the 2014 1099-G forms starting today.
DWD's website makes claimants' statements available for the past six years, which is helpful if claimants have to file amended tax returns. The UI Division is required to send the 1099-G information to the Internal Revenue Service and the Wisconsin Department of Revenue.