What would you like to do?
Was unemployment compensation always taken out of paychecks?
Update: Dec. 12, 2010: You can go to the Related Link below for more info. The answer is YES. President Bush passed the bill on June 30,2008. It goes into effect as of July 6…, 2008. Click on the EUC(Emergency Unemployment Compensation) benefits. At least Bush did something right for a change since the economy is so bad right now and so many people in so many ways are suffering. Good luck to everyone and hopefully the situation will get better soon. Hope this info helps many in need. A second extension of unemployment benefits was also signed on November 21, 2008. This extension became effective in Florida on November 23, 2008. For details or to file claims and extend benefits, check with your state unemployment office, see the Related Link below.
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.
Benefits are paid by the state from a special fund. The fund gets its money from employers, who pay a tax specifically for this program. The funding mechanism is very differen…t from a system such as workers' compensation, in which an employee receives payments directly from an employer through the employer's insurance company. It is also different from benefit programs that use state general fund money. The fund that pays unemployment insurance benefits is not available for other purposes. For more information visit the Related Link.
The money you receive if you are granted unemployment. Usually a certain percentage of what you made prior.
Yes, its either taxed A) upfront each week by taking 10% off what your weekly amount would be ie: Your weekly amount is $400.00, you would only get $360.00 after taxes; …or B) is untaxed as you receive it each week, but come the following tax season, you will have to pay the lump sum of taxes on all money you have received for that tax year.
taxes are taken out if you ask them to.
Every state assesses the employer through payroll deductions. The states vary in method and calculation, but in all cases, there is no deduction from employee's paychecks.
Anything you want and the payroll provider agrees to have taken out. In regards too "must be taken out"....the list is endless and depends on circumstances - but obviousl…y - Taxes, FICA, unemplyment, disability, other insurance or employee benefit contributions, union dues, legal garnishments...list goes on and on.
It's still called unemployment. You can get partial payment if you are working less. You apply the same way you would if you'd been laid off.
You can apply and if you worked at any other job in the last year that did pay fica you can draw on that income.
NO, if you are out with work comp you get paid thru them.
It is the employER who pays unemployment taxes, not the employEE, based on the turnover rate of his employees. This encourages him to retain his workers.
In Business Law
The state can deny you for numerous reasons such as; Failure to attend UI hearings or provide information in a timely manner. Employer stated that you quite or were terminated… due to: "Gross Misconduct"
if you qualify your unemployment extends into the EUC, emergency unemployment compensation. obama just signed the extension in dec 2010 that extends benefits until dec 2011. i…f you exhausted your regular benefits you will apply for EUC and begin tier 1 of benefits (20 weeks) then tier 2 (14 weeks) tier 3 (13 weeks) and tier 4 (6 weeks) after that you could qualify for SEB, state extended benefits (20 weeks) if all of the EUC has been exhausted before 12/31/11
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Typically Unemployment Compensation occurs when one loses their job either because they were fired or layed off by an employer. By law, the employer is required to pay that pe…rson a percentage of their pay for a set number of weeks. If one quits a job, it can not be collected.