Paying Taxes On Your Benefits
Apr 23, 2020 ·
28s
Paying Taxes on Your Benefits Your benefits are income you must report to the Internal Revenue Service (IRS). We will withhold 10 percent of your benefits for taxes if you...
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Paying Taxes on Your Benefits
Your benefits are income you must report to the Internal Revenue Service (IRS). We will
withhold 10 percent of your benefits for taxes if you complete and return the Voluntary
Withholding form. TWC sends you and the IRS a Form 1099-G in January with the
benefits amount paid in the previous calendar year. You can find that amount on Tele-Serv or ui.texasworkforce.org.
show less
Your benefits are income you must report to the Internal Revenue Service (IRS). We will
withhold 10 percent of your benefits for taxes if you complete and return the Voluntary
Withholding form. TWC sends you and the IRS a Form 1099-G in January with the
benefits amount paid in the previous calendar year. You can find that amount on Tele-Serv or ui.texasworkforce.org.
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| Author | Kyle Souza |
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