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1099s for 2011 Tax Reporting
Some Hoosiers received an incorrect 1099G for 2011 tax reporting, which includes some unemployment insurance benefits received in 2010. The affected individuals will receive a letter explaining the error as well as a corrected 1099G before the end of January.
A small number of individuals who collected unemployment insurance benefits in 2010 and/or 2011 were affected. If you received a 1099G from DWD and you only claimed benefits in 2011, your 1099G is correct.
Update on 2012 Rate Notices
The federal interest rate on the Trust Fund loan has decreased for 2012 compared to 2011. In 2011 it was 4.08% and for 2012 it will be 2.94%. We have determined that the employer interest surcharge will need to be 8% for 2012, a decrease of 5% from last year. DWD will be notifying employers and sending rate notices out the week of January 23rd. Click here for directions on how to calculate your rate.
Understanding Indiana’s New Unemployment Insurance Law
The Indiana General Assembly passed a new law making several changes to unemployment insurance. If you are an employer, click here to learn how the law will affect you. If you are an unemployment insurance recipient, the changes will not affect your current claim. For more information on how this law may affect future claims, click here.
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