OIC – unemployment income

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  • #44848
    Mary Karpowicz
    Participant

    Getting ready to file an OIC – For the unemployment taxpayer is receiving – do I show it as income and then back it out? It will be over in September – unless Congress does something else.

    #45904
    Joseph Scarpa
    Participant

    I have the same issue. But now it ended so I am not including it. Sorry to see there was no response to your question.

    #45909
    Eric Green
    Keymaster

    I would not show it but explain in the cover letter that the taxpayer is receiving unemployment which ends in September. You don’t want to ignore it and look like you are being sneaky but I don’t want it listed as if its something we believe they should factor in.

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