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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.
debit taxes expenses 352.16credit payroll taxes 198.4credit unemployment tax 19.84credit state unemployment 133.92
Unemployment benefits and taxation. These are 'automatic stabilizers', because they vary with the business cycle. In a boom period, taxes will increase, and unemployment benefits will fall; whereas during a downswing/ recession, taxes will fall and unemployment benefits will increase.
He's not. The employer is the one who pays the state unemployment taxes.
One thing has nothing to do with the other. You will need to see if a stimulus payment was available for the tax year 2009. You cannot receive the 2008 payment just because it was applied to your past debts. If you still owe debt for unpaid taxes though your 2009 and future refunds may be taken and applied to these debts until they are completely paid.
You mean pay....any payment of property taxes is applied to the earliest tax due, and interst and penalties, before current ones.
Yes you will report the unemployment payment amount that you received on your New York income tax return and could owe some taxes on the amount of UI received as a resident of NY.
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.
no
The taxes paid to the state by the business (for the purpose of the state paying unemployment claims) through their payroll taxes are determined by the state collecting them.
yes. Unemployment Insurance is filed with your state, when you become unemployed. Taxes are filed based on calendar years.
You will be able to use the 1040ez form if you collected unemployment.