Box 11 shows the amount of state income tax withheld. State unemployment divisions issue an IRS Form 1099-G to each individual who receives unemployment benefits during the year. Box 10b shows the state’s identification number. Box 10a displays the abbreviated name of the state. If you are filing taxes for 2020 and have a total income of less than 150,000, you will be able to exclude up to 10,200 of unemployment income from your taxable income. Box 9 shows any market gain associated with the repayment of a Commodity Credit Corporation (CCC) loan (available only to farmers). If taxable, report the amount from Box 2 on Schedule C or F. Box 8 shows if the amount in Box 2 is related to an income tax that applies exclusively to income from a trade or business.
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