Understanding 1099-G Forms

Front

What is a 1099-G form used for?

Back

Reporting income from government sources

Front

Which of the following is NOT a source of income reported on a 1099-G? Options: Salary from a private company, Unemployment benefits, Grants, State and local tax refunds

Back

Salary from a private company

Front

What is the purpose of the 1099-G issued by the Louisiana Department of Revenue?

Back

To reflect the amount of tax overpayment recorded on the state return

Front

For which of the following will a 1099-G be issued? Personal loans, Charitable donations not related to taxes, Non-refundable credits and rebates, Individual income tax payments made by withholding

Back

Individual income tax payments made by withholding

Front

Refunds of which type of tax result in a 1099-G being issued?

Back

Property tax

Front

What form does the LDR issue to taxpayers who may not itemize their deductions?

Back

1099-G

Front

Minimum overpayment amount for which LDR issues a 1099-G to a taxpayer?

Back

$10.00

Front

Even if a taxpayer's overpayment is less than $10.00, what might they still be required to do?

Back

Report the amount as income to the IRS

Front

What does the overpayment amount listed on the 1099-G form reflect?

Back

An overpayment made towards the year indicated in box 3

Front

Where is the tax year indicated on the 1099-G form?

Back

Bottom-right of the form