Form 1040 - Unemployment Compensation
1

Unemployment compensation is entered in the Other Income section of the Q&A. It is reported on Line 7 of Schedule 1 (Form 1040).

To enter or review your unemployment compensation information in TaxAct:

  1. From within your TaxAct return (Online or Desktop), click Federal. On smaller devices, click the menu icon in the upper left-hand corner, then select Federal
  2. Click Other Income in the Federal Quick Q&A Topics menu to expand the category and then click Unemployment compensation
  3. Click +Add Form 1099-G to create a new copy of the form or click Review to review a form already created 
  4. The program will proceed with the interview questions for you to enter or review the appropriate information

For more information please review Publication 525Taxable and Nontaxable Income.