• Latest

VT Department of Labor Provides Update on Mailing of New 1099-G Tax Forms to Unemployment Claimants

March 2, 2021
Central Vermont Home Health & Hospice, Good Samaritan Haven, & People’s Health & Wellness Clinic Collaborate to Offer Free COVID Surveillance Tests to Homeless Central Vermonters

Central Vermont Home Health & Hospice, Good Samaritan Haven, & People’s Health & Wellness Clinic Collaborate to Offer Free COVID Surveillance Tests to Homeless Central Vermonters

April 13, 2021

GOP Petition Opposes Service Tax

April 13, 2021
Ahhh…The Aroma! 802 Coffee Comes to Barre

Ahhh…The Aroma! 802 Coffee Comes to Barre

April 13, 2021

Night of the Living Dead (1968)

April 13, 2021
Just Some Thoughts

Hoeing Out, and other Signs of Spring

April 13, 2021

VT Organizations Partner to Present “The People’s Law School”

April 6, 2021

NRRA “Recycling with Results” Virtual Conference

April 6, 2021

PoemCity 2021

April 6, 2021

Sound of Metal

April 6, 2021
Mayor’s Report – September 2019

Mayor’s Report – March 2021

April 6, 2021

Coronavirus Legislation Benefits both Restaurants and Business Owners with 2-Year 100% Tax Deductible Dining Expenses

March 30, 2021

IRS and Vermont Extend April 15 Income Tax Deadline to May 17

March 30, 2021
  • Home
  • Disclaimer
  • Privacy
  • Sitemap
Thursday, April 15, 2021
The World Online
  • Home
  • News & Features
    • Local News
    • Letters & opinions
    • George Shuman
    • Max’s View
    • Local Sports & Outdoors
    • Births
    • Weddings & Engagements
  • Calendar
    • Art Exhibits
    • Calendar of Events
    • Ongoing Events
  • Obituaries
  • Submit
    • Submit Calendar Listing
    • Submit An Article To The World
    • Submit Letter To The Editor
    • Submit Sports News/Photo
    • Submit Birth Announcement
    • Submit Engagement Announcement
    • Submit Wedding Announcement
  • Advertising
    • World Rates and Ad Sizes
    • World Distribution Map
    • World Deadlines
    • Audit and Reader Surveys
    • Advertising Inquiry
  • Classifieds
    • Place Classified Ads
    • View Current Classifieds
  • About Us
  • Contact Us
No Result
View All Result
  • Home
  • News & Features
    • Local News
    • Letters & opinions
    • George Shuman
    • Max’s View
    • Local Sports & Outdoors
    • Births
    • Weddings & Engagements
  • Calendar
    • Art Exhibits
    • Calendar of Events
    • Ongoing Events
  • Obituaries
  • Submit
    • Submit Calendar Listing
    • Submit An Article To The World
    • Submit Letter To The Editor
    • Submit Sports News/Photo
    • Submit Birth Announcement
    • Submit Engagement Announcement
    • Submit Wedding Announcement
  • Advertising
    • World Rates and Ad Sizes
    • World Distribution Map
    • World Deadlines
    • Audit and Reader Surveys
    • Advertising Inquiry
  • Classifieds
    • Place Classified Ads
    • View Current Classifieds
  • About Us
  • Contact Us
No Result
View All Result
The World Online
No Result
View All Result

VT Department of Labor Provides Update on Mailing of New 1099-G Tax Forms to Unemployment Claimants

vt-world by vt-world
March 2, 2021
in Business
0

The Vermont Department of Labor (VDOL) is finalizing validation efforts this week and working with the Department of Buildings and General Services to print and mail new 1099-G tax forms by the beginning of March to all 2020 unemployment insurance claimants.

This is a result of the processing issue that occurred on January 29, 2021, when a series of incorrect 1099-G tax forms were sent to unemployment insurance claimants from the Department of Labor. On February 1, 2021, the Department began receiving reports that some 1099-G documents contained information for different claimants. The Department of Labor immediately stopped all 1099-G mailing efforts, launched an investigation into the circumstances surrounding the processing issue, notified claimants and recalled all VDOL 1099-Gs, and began a plan to reissue new 1099-Gs to all 2020 claimants.

“We know claimants are eagerly awaiting their new 1099-Gs from the Department, and we want them to know they should expect them next week. Over the last couple weeks, teams from the Department of Labor and across state government, have worked to validate and review tax information before reissuing the 1099-G documents,” said Commissioner Michael Harrington. “Ensuring the information is the best it can be, has been our top priority.”

Claimants will receive a 1099-G form for each program they collected unemployment insurance benefits from during the 2020 calendar year. This means many claimants should expect multiple 1099-G forms if they collected benefits for most of the year, especially during the spring, summer and fall, and if their unemployment was a result of the COVID-19 pandemic.

The Department of Labor administered nine different types of benefits through five different unemployment programs in 2020. Claimants can identify the program their 1099-G is for by using the code in the bottom left-hand corner of the tax document.

001-UI: This 1099-G represents regular Unemployment Insurance (UI) benefits received in 2020, including extended benefit weeks, and the additional $600 added to weekly benefits during April 4 through July 31.

002-PUA: This 1099-G represents Pandemic Unemployment Assistance (PUA) benefits received in 2020, including the additional $600 added to weekly benefits during April 4 through July 31.

003-LWA: This 1099-G represents Lost Wage Assistance (LWA) benefits received in 2020. This was a federal program which provided an additional $300 per week to eligible unemployment insurance claimants between August 1 and September 5. This payment was mailed in a check, separate from weekly benefit payments.

004-VSTS: This 1099-G represents Vermont Short Term Supplemental (VSTS) benefits received in 2020. This program provided an additional $100 per week to claimants between September 27 and October 31. This payment was mailed in a check, separate from weekly benefit payments.

005-TREAS: This 1099-G represents a one-time payment of $1,200 issued by the State on April 20. This was for Vermonters who had filed for unemployment insurance benefits between March 15 and April 4 but had not yet received any benefit payments.

Claimants had the option to have personal income taxes withheld when they enrolled in UI and PUA, however, taxes were not withheld from LWA, VSTS, or TREAS payments. That means claimants who received these benefits will need to pay state and federal income taxes on them.

Personal income tax returns are due to the IRS and Vermont Department of Taxes by Thursday, April 15, 2021. For taxpayers concerned about meeting the deadline, information can be found on the Department of Taxes’ website at tax.vermont.gov/individuals/file-and-pay/request-extension, including how to request an extension to file federal or state personal income tax returns.

The Department will continue to provide updates to claimants by letter, email, and social media. More information can also be found online at labor.vermont.gov/1099-incident-updates. Claimants who do not have access to the internet can contact the Unemployment Insurance Clamant Assistance Center at 877-214-3332 and select ‘Option 1’ for updates on the 1099-G issue.

Previous Post

“Sam & Jim in Hell” – Reading of a New Play by Jeanne Beckwith

Next Post

Ted Lasso

Next Post

Ted Lasso

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This Week’s Ads

  • Home
  • About Us
  • Disclaimer
  • Privacy
  • Sitemap
The World
403 US Route 302
Barre, VT 05641
Phone: (802) 479-2582

Copyright © 2019 The World Online. All Rights Reserved. Powered by CoolerAds.

No Result
View All Result
  • Art Exhibits
  • Audit and Reader Surveys
  • Births
  • Calendar
  • Contact Us
  • Daily Horoscope
  • Fall Dining Guide
  • Food & Recipe
  • Home
  • Obituaries
  • Ongoing Events
  • Pay Your Bill Here
  • Senior Living Edition
  • Showtimes
  • Submit Birth Announcement
  • Submit Calendar Listing
  • Submit Engagement Announcement
  • Submit Listing to our Local Directory
  • Submit Sports News/Photo
  • Submit Wedding Announcement
  • Testimonials
  • The World Coupons
  • Weather Forecast
  • World Deadlines
  • World Distribution Map
  • World Rate Card
  • World Rates and Ad Sizes
  • Disclaimer
  • Privacy
  • Sitemap
  • About Us
  • Vermont Lottery
  • Advertising Information
  • The World Staff
  • Advertising Inquiry
  • Submit Letter To The Editor
  • Local Directory
  • Poll Results
  • Local Deals
  • Classifieds
  • Submit An Article To The World
  • Events
  • The World – This Week’s Online Digital Edition
  • The World Auto & Sports

Copyright © 2019 The World Online. All Rights Reserved. Powered by CoolerAds.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In