Unemployment compensation amounts that are received during the year is added to all of your gross income for the year taxed at your marginal tax rate on federal 1040 income tax return.
You can choose not to have any federal income tax withheld from your unemployment compensation payment amount.
For the 2009 tax year the first 2400 of unemployment compensation that was receive was exempt from the federal income tax on your 2009 1040 federal tax form.
If you got unemployment in 2012 you do have to file taxes if you didn't have the taxes taken out of the unemployment you received.
Yes
You didn't say what state you live in. Where I live, they let you decide whether you want them to take out taxes or not.
i have a w2 with florida taxes taken out,do i fle this with florida
No; Medicare is paid for by payroll taxes and employers and employees.
Most state's unemployment benefits are paid from a state's collection of payroll taxes (unemployment taxes) levied against businesses. It's usually based on the size of the business's payroll and turnover rate of workers ( to encourage retention).
Because Florida is the "liable" state (where your employer had paid your ;payroll taxes to), your unemployment benefits would continue to be paid by that state. You need to contact Florida's employment security office for information on continuing to receive your benefits.
Yes, and you would file in Florida because it is the "liable state" which collected employment taxes from the employer you worked for.
31% for taxes and 2% for your pension/401k
debit taxes expenses 352.16credit payroll taxes 198.4credit unemployment tax 19.84credit state unemployment 133.92
Florida's unemployment rate hits 10.2 percent
He's not. The employer is the one who pays the state unemployment taxes.