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Under the American Recovery and Reinvestment Act, enacted last month, every person who receives unemployment benefits during 2009 is eligible to exclude the first $2,400 of these benefits when they file their tax return next year.

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Q: How much tax deduction for 2009 unemployment benefits?
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Can one work and still draw benefits from unemployment?

That depends upon how much money you are earning from your work. If your earnings are relatively low, you may still qualify for unemployment benefits. However, if your earnings are high, then in effect you are no longer unemployed, and should not receive unemployment benefits.


How much does unemployment pay in New York?

Unemployment benefits extended in the 2009 economic stimulus planPreviously, unemployed workers were eligible for 26 weeks of unemployment benefits. As as result of this bill, unemployment benefits was extended by 20 weeks regardless of which state they live in. In some higher-unemployment states such as California, there will be another 13 weeks of unemployment benefits available as well.Total weeks of unemployment available:Low-unemployment state - eligible for 46 weeks of benefits.High-unemployment state - eligible for 59 weeks of benefits.Increased unemployment benefits by $25 per week.Although it varies from from state to state, the average unemployment benefit payout will be increased by $25 to about $325 per week. Your claim lasts for one year, but the full amount is 26 times the weekly benefit amount, currently at $405 max.


How much do you get paid for unemployment benefits in Vermont?

The max in VT is $425/wk


How much would unemployment pay be for prior service members?

Unemployment benefits are decided by each state. Depending on where you are filing, you need to check with that state's unemployment office for details.


How much can you earn in a week and still be able to collect unemployment benefits?

i used to make 700 hundred a week how much unemployment can i get


How much do you get for unemployment benefits in Ireland?

There are various types and rates in Ireland. See the link below for more details.


How much can you earn in Michigan while still receiving unemployment benefits?

You must be working less than full time, and the details on how much you can earn is in the Related Link below, in the "Receiving unemployment benefits while working" section.


Can you draw unemployment and sell on eBay?

You will need to check with your own local authorities to see how much you can earn - if anything - while drawing unemployment benefits.


If you work in NC but live in SC who pays unemployment benefits?

north carolina pays it, your employer pays out so much unemployment insurance a year and it comes out of that.


How much is the IRS personal deduction?

For taxpayer using the single filing status the 2009 exemption amount is 3650 and the standard deduction amount is 5750 for a total amount of 9350 free of federal income tax for the tax year 2009.


How much will taxes be for your unemployment of 11000?

Unemployment Benefits are subject to federal taxation, as well as state taxation (depending on the state in which you live). Certain states exempt unemployment benefits from taxation, and there are states with no state taxation, regardless of the income source. The amount you will pay in taxes on $11,000.00 is dependent on factors such as your tax filing status, how many exemptions you claim on your taxes, and whether you will be filing the standard deduction or itemizing deductions.It would be impossible to determine how much your taxes would be on unemployment of $11,000.00 without knowing the state where you received the unemployment benefits, and other filing questions that will affect the amount of taxes you will have to pay. If this was all the income you received for the year, regardless of your filing status or state, you should only have to pay a minimum amount. However, if you found work and the $11,000 is only a small percentage of what you received for the year (adding in your employment income) the amount you pay may be much more. I suggest you contact a tax consultant.


Should you continue to file for Unemployment if you have exhausted Tier 3 of your benefits in Colorado?

I WOULD, but not for much longer.