New jobs, unemployment, IRS Form 1099-G: What you need to look out for
If you received unemployment benefits in 2020, you ll need IRS Form 1099-G when you file your taxes. Author: Nya Coleman Updated: 6:10 PM EST January 8, 2021
GREENSBORO, N.C. Millions of Americans are still without jobs nearly a year into the pandemic. Since March 15, 2020, the North Carolina Department of Employment Security has paid out $9,168,251,850 in unemployment benefits.
Last month, President Donald Trump signed a second $900 billion coronavirus relief bill to get money into the pockets of struggling Americans. Renewed unemployment benefits were a part of that package, including an additional $300 a week.