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Tax form for unemployment ny4/19/2024 If you did not exclude unemployment compensation from your federal gross income, do not file an amended return with New York State. If you did not add back unemployment compensation that was excluded from your federal gross income, then you must file an amended return with New York State. I already filed my 2020 New York State return. If you do not file using software, make sure to add back the federal unemployment compensation exclusion on Form IT-558. If you file using software, the software should already account for this update and add back the unemployment compensation excluded from federal gross income. I have not filed my 2020 New York State return yet. A representative will review your account and sign you up for SIDES. Once your online account is set up, call the Employer Hotline at (888) 899-8810 and choose Option 1, then Option 4. You can also obtain an application by calling the IRS at (800) 829-3676. First, you must sign up for an Unemployment Insurance Online Service account. Form IT-558, New York State Adjustments due to Decoupling from the IRC, has been updated to report this add-back as adjustment code A-011. If you need an FEIN, you can download an application (Form SS4) or apply online at the IRS web site. New York State personal income tax is decoupled from this federal provision and any unemployment compensation that is excluded from federal gross income must be added back when filing your New York State return. The federal American Rescue Plan Act of 2021 includes a provision that allows certain individuals to exclude up to $10,200 of unemployment compensation received in 2020 from federal gross income. New York State tax treatment of unemployment compensation
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