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Geslier Income Tax Services, LLC

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Unemployment Benefits

Posted on January 27, 2011 at 1:35 AM
I understand 2010 has been a tough year and you may have a few questions about unemployment benefits.
 
Each state has its own formula to calculate the amount of earnings which workers are allowed from part-time work while remaining eligible to receive unemployment benefits.  You are legally required to report income that you have while receiving unemployment benefits to the unemployment office.  If you don't report them, you might not get caught since they might not find out, in which case you did something illegal but got away with it.  If you get caught, you would have to pay back the unemployment that you got illegally, plus other possible penalties.  My recommendation is to call your local unemployment office to find out what their requirements are.

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34 Comments

Reply shauna-gaye bigby
12:29 AM on February 6, 2011 
Do you file taxes for unemployment benefits?
Reply Geslier Tony Davis
2:58 AM on February 7, 2011 
shauna-gaye bigby says...
Do you file taxes for unemployment benefits?

Hi Shauna-Gaye,
In response to your unemployment benefits question, fortunately I do file unemployment benefits; however you should receive form 1099G from the government to submit with all your other tax documents in order for me to complete your tax return.

Yours truly,
Geslier
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6:54 AM on June 14, 2013 
If you get caught, you would have to pay back the unemployment that you got illegally, plus other possible penalties.
Reply medina hvac
6:37 AM on July 8, 2013 
Each state has its own formula to calculate the amount of earnings which workers are allowed from part-time work while remaining eligible to receive unemployment benefits.
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7:22 AM on July 17, 2013 
your tax return. Yours truly, Geslier
Reply Geslier
10:51 PM on November 25, 2013 
hebergement web says...
If you get caught, you would have to pay back the unemployment that you got illegally, plus other possible penalties.

That is correct :)
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5:30 AM on February 6, 2014 
I love your blog about unemployment benefits.Unemployment occurs when people are without work .During periods of recession, an economy usually experiences a relatively high unemployment rate.Thanks for providing this great info.
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