Unemployment Compensation

Step Subject
Gross Income
Instruction Year

Enter the amount of unemployment compensation benefits reported on federal 1040 Schedule 1, line 7. If you qualify for the unemployment compensation exclusion, enter the unemployment compensation exclusion amount as reported on federal form 1040, Schedule 1, line 8 as a negative amount on your IA 1040, line 14, using a code of “M”. If you have already filed your original Iowa tax return and did not report your unemployment compensation exclusion amount, do not file an amended Iowa return only to claim this unemployment compensation exclusion. The Department will adjust your return for you.

  • Do not include unemployment compensation and sickness insurance benefits paid by the Railroad Retirement Board.

Married Separate Filers:

If both spouses received unemployment benefits, each of the spouses should report the benefits received as shown on the 1099-G(s) for each spouse.

Go to Line 11

Go to Line 13

Source URL: https://tax.iowa.gov/expanded-instructions/unemployment-compensation-2020