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Is court settlement money considered earned income while on an unemployment claim?
Wiki User
∙ 13y ago
Because each state has their own criteria for moneys to report while receiving benefits, which include government entitlements, etc. it's best to contact your own state employment security office for clarification in the case.
Wiki User
∙ 13y ago
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Is unemployment compensation taxable in the city of Pittsburgh Pa?
Unemployment Compensation is considered non-taxable income for the Earned Income Tax.
Is unemployment checks considered income?
Yes it is taxable income that has to be reported as such on your 1040 income tax return. For the tax year 2009 the first 2400 of unemployment compensation received will not be taxable income that would have to be added to all of your other gross worldwide income and taxed at your marginal tax rate.
You only received unemployment for 2009 will you be eligible for earned income credit?
Unemployment benefits are not "earned income", so you should not be eligible for earned income credit.
Is unemployment compensation earned income when receiving social security benefits?
no
Is a Ca state refund considered income when you are on unemployment?
No it is not considered income, just dealt with this situation and my accountant assured me.
Is SS considered income in Pa for food stamps for the elderly?
Yes, and that is true for any state in the union. All income sources, earned (before payroll taxes) and unearned income such as cash assistance, Social Security, unemployment insurance, and child support are considered income for the purposes of establishing eligibility for food stamps.
Is commission considered earned income?
Yes.
Can claiming a life insurance policy affect unemployment benefits?
Generall not since unemployment benefits are related to earned income from losing a job.
Can unemployment help you qualify for earned income?
no and whoever asked that question is very dome *5
Can you get the earned income credit for babysitting in 2010?
Yes, babysitting is considered earned income. You must be 25 or older
Will the money you receive from the national mortgage settlement be taxed?
No court award are not earned income.
What is realized income?
Realized income is essentially the income that you know that you have earned or received. This income is considered taxable.
