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What tax supports the unemployment compensation system?
The employers pay the states a payroll tax, from which the states pays the unemployment benefits from. See the Related Question below for more information.
Was unemployment compensation always taken out of paychecks?
Unemployment compensation is not taken out of paychecks of the workers. The business pays a payroll tax to the state who uses part of the the proceeds to pay unemployment benefits.
If you owe unemployment can they deduct it from your income tax?
The state can't take overpayment of unemployment benefits from a Federal tax refund. Some states have provisions to deduct such from the state tax refund of their state. Most states will take a percentage of future unemployment benefits to pay off unemployment compensation overpayment.
Will they pay to get your car fixed if you are on unemployment compensation?
Your employment status should have no bearing on your insurance claim.
What is unemployment compensation?
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 person a percentage of their pay for a set number of weeks. If one quits a job, it can not be collected.
Why do states pay different unemployment rates?
States pay different unemployment rates because each state has a different standard of living. More expensive states (i.e. California) typically pay higher unemployment because the minimum wage is higher and there is a higher cost of living.
Do you have to pay court ordered child support if you are receiving unemployment compensation?
Yes, but you need to modify. see related links
How many years will you get for frauding the unemployment office?
The unemployment office is an agency of government. Therefore when you defraud it you are defrauding the government and your fellow citizens who pay the taxes to supply you with your unemployment compensation. Defrauding the government is GENERALLY a felony offense.
Do you have to pay tax to New York if you receive unemployment compensation from them in a year that you have no New York earnings?
Yes, taxes come out of everything!
Does Florida unemployment pay every week?
It is, in most, if not all, the states.
Where do you pay state tax on unemployment compensation?
As each state, that collects income taxes, has different criteria, you need to check with your state's tax commission, or its equivalent. The unemployment taxes are subject to the IRS' income taxes.
Do taxpayers pay for unemployment compensation?
In the US, the employer pays a payroll tax to the state, which in turn pays unemployment benefits to workers who qualify In Canada this is funded by the working people of Canada through their mandatory contributions.
