Unemployment 1099

Sep 27, 2022 Last reply: 3 years ago 2 Replies

I received an inquiry from someone who is starting a private company that will provide unemployment insurance. (Yes, I know it doesn't make any sense. But it's not my job to question that at this point.)



The question is, which 1099 form does he use? The only thing I can find on the IRS website that talks about unemployment payments is the



1099-G, but that appears to be only for use by governmental agencies.

Do I have it wrong? Does he use the 1099-G? Or should he use another form?



Thanks.



Makes no sense to me also. As far as I can tell there are no new private policies being written by any company today. That said, the 1099-G is for government payments only. The only other form available that I can think of is the 1099-MISC Box 3 Other Income.

That's what I was thinking too, but I don't do returns so am not as familiar with all the nuances as you are. Thanks!

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