Saigon Travel and Tax Services

For those working from home during the COVID-19 pandemic and are wondering if there are WFH deductions that can be claimed, here’s a good answer to your question.

- Here are FAQ's for Unemployment Benefits (link below) - Most common question I get from clients is "Are my unemployment payments considered income?" Yes, any unemployment compensation you've received in 2020 will be considered income and is taxable. You should receive a Form 1099-G from your state’s unemployment office in the mail. This form will confirm the total unemployment compensation you've received and any federal income tax withheld. If you did not withhold any ta...xes, then you will have a tax liability. Reach out to me if you have any questions.

Due to the December tax law changes and Economic Impact Payments, IRS is pushing the federal tax filing start date to February 12. The deadline to file remains April 15.

Georgia’s Pandemic Unemployment Assistance (PUA) is now available for individuals who are self-employed, gig workers, 1099 independent contractors, etc. Please watch the video below from the Georgia Department of Labor to learn how to apply for this unemployment assistance. https://youtu.be/zgGeXEeQAys

Self-employed workers, gig workers, 1099 independent contractors - DO NOT APPLY FOR UNEMPLOYMENT BENEFITS AT THIS TIME. You must wait until the GA Department of Labor develops the new system to meet Federal guidelines. https://dol.georgia.gov/gdol-covid-19-information