Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
tax question for unemployment tax cut...?
ive been unemployed all of 2011,i got unemployment ,they ask if i wanted taxes taken from my unemployment checks,so i had taxes cut from each check ,will i get that money back come income tax time?
4 Answers
- JudyLv 710 years ago
Unemployment is taxable income. Depending on how much you got, and the rest of your personal situation, they might have deducted more than you owe. If so, you'd get any overpayment refunded.
- chatsplasLv 710 years ago
Maybe
Unemployment compensation is taxable income
You file a tax return and see if you owe tax, if you have enough withholding to cover tax due, whether you are due a refund
Source(s): tax pro - Cathi KLv 710 years ago
Depends on how much income you have at the end of the year and how much taxes you pay.
- troLv 710 years ago
it all depends on how much your total gross is, the personal exemptions you have, the standard deduction you are eligible to claim and possibly if you are eligible for EIC
