Them round 2 corona checks coming next month!!!!!!

Rawtid

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Just recieved my unemployment benefits plus the extra $600. :blessed:

Brehs I have a question. I opted to have federal and state taxes withheld from the unemployment. Is that smart? Or should I recieve the whole unemployment and pay the IRS back later?



Yesss. Except I'm still paying my rent. I'm not playing with that.

If you elect for them not to take taxes, offset with a tax deduction. Like open an IRA savings and put $25- $50/ month in it. You’ll get a dollar for dollar tax deduction for the contributions.
 

Silkk

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Just recieved my unemployment benefits plus the extra $600. :blessed:

Brehs I have a question. I opted to have federal and state taxes withheld from the unemployment. Is that smart? Or should I recieve the whole unemployment and pay the IRS back later?



Yesss. Except I'm still paying my rent. I'm not playing with that.
Pay that shyt now and don’t get caught in that trap. That shyt adds up quick.
 

Jasmine20

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When you file, can you do it online? And once you get the max amount per week from the state, do they automatically add on the $600 per month or did you have to fill out more paperwork?

I’m gonna be filing on June 15, hopefully it’s some money still out here for a disabled veteran:mjcry:
Are you talking about filing taxes?Yes you can file your taxes online.

With unemployment, you'll get your weekly unemployment money (it doesn't have to be the maximum) plus $600 every week if you're eligible for the pandemic unemployment assistance. I'm not sure what state you're in. In New York, I submitted the application for regular unemployment then I submitted the application for the pandemic unemployment to get the $600.
 

TELL ME YA CHEESIN FAM?

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The H
Mufukkas gon act a fool to try and get fired to collect unemployment:lolbron:

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Don't listen to the idiot..u don't gotta pay rent?

:laff:
 

Silkk

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Are you talking about filing taxes?Yes you can file your taxes online.

With unemployment, you'll get your weekly unemployment money (it doesn't have to be the maximum) plus $600 every week if you're eligible for the pandemic unemployment assistance. I'm not sure what state you're in. In New York, I submitted the application for regular unemployment then I submitted the application for the pandemic unemployment to get the $600.
Don’t if you qualify for unemployment you auto qualify for it?
 

Arithmetic

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If you elect for them not to take taxes, offset with a tax deduction. Like open an IRA savings and put $25- $50/ month in it. You’ll get a dollar for dollar tax deduction for the contributions.
But deductions lower your taxable income not your tax liability. Most likely she would still owe.
 
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