Form 1099-G – This form is used to report certain government payments. Federal, state, and local governments use this form to report unemployment compensation, income tax refunds, and more.
When You Need to File Form 1099-G?
- If you, as a government agency, made unemployment compensation payments, income tax refunds/credits, taxable grants, agriculture payments, etc.
- If you received payments on a Commodity Credit Corporation loan
Who Must File IRS Form 1099-G?
The officer or employee of the government unit that receives or makes payments must file the Form 1099-G.
Form 1099-G Deadlines
Forms must be transmitted to the IRS before the deadline. The due date for eFiling for Form 1099-G is March 31. If the due date falls on a weekend or holiday, it will be due the next business day.