In unemployment benefits considered taxable as income on michigan tax returns?
104357
Unemployment benefits are taxable in Michigan.
608428
Check at the library--they frequently hae access to that type of information. Also you probably don't have to file. You only have to file if your income is at a certain level. You may want to file though because you may be due a refund.
195882
The only way to tell for sure is to contact the Ohio unemployment office. Check their web site, I included a link below try looking there.
4625
If you paid for the item then it is yours.  You can actually write it off of your income taxes as an "Unreimbursed Employment Expense."  Although, your employer and his lawyer must have a good reason to think it is not yours.  Otherwise, they wouldn't even bother with court.
350100
No.  You are not ever required to repay benefits you received as long as you did not lie about the money you had at the time you were receiving the benefits.\n\nThis applies to all government benefits including medicaid, food stamps, housing assistance, etc.\n\nThe point of government benefits is to aid people who need it.  If you are lucky enough to find yourself in a position that you no longer need the help, that's good for you.  But you will never have to pay back benefits you received.\n\nAgain, if you ever lie about your income and they find out, that's totally different.\n\nBesides, the taxes you would have to pay on the lottery winnings would MORE than pay back the medicaid benefits I am sure.  :-)
1099455
Yes, any money your receive, no matter the source or what it is called is taxable and must be reported to IRS.\nHowever it may also be allowed to be deductable expense, you must confer with a tax expert on this matter, remember the company is required to notify IRS of this payment to you so Do Not Try To Hide It from IRS. Good Luck
328993
you can only claim it if you are filling a business income tax.\n\nFor personal Income you can't.
575785
Income is taxable.\n\nYou will receive paperwork along with your settlement (probably a 1099-Misc or similar) that will give you the info you need to determine how to handle the money, taxwise.\n\nGood Luck!
970794
I do not believe that it is.  If you are talking federal income tax returns, the only tax that's deductible is state income tax and any type of governmental tax, such as real estate property tax, city and county taxes, and personal property tax (such as registration fees paid to the dept of motor vehicles).\n\nHowever, it's worth a call to someone to make sure!  You can probably call the IRS's 800-number for taxpayer questions.  (Might be better to do that than rely on the answers here!)\n\nGood luck!\n\n~ ♥ ~
21081
According to the IRS, the primary types of taxable income are:\n\nW2 wages. Your W-2 form is the most basic tax form that almost everyone receives.\n\nTaxable Interest Income. Interest paid to you is taxable, and must be reported.\n\nInvestment Dividends Income. If a company paid dividends to you, that is income, and you must report it.\n\nTaxable Interest on Bonds. Interest earned from corporate and government bonds is almost always taxable.\n\nAlimony and Child Support. If you paid or received alimony payments last year, you report this to the IRS.\n\nUnemployment Benefits. Unemployment compensation benefits are considered to be fully taxable income.\n\nSocial Security Benefits. Social security benefits are considered taxable income, although not entirely.\n\nRetirement Plan Distributions Most of these benefits are considered to be taxable income.\n\n"Other" Taxable Income. Miscellaneous income that does not fit into any of the above general categories.\n\nAgain, from our friends at the IRS, tax deductions include:\n\nMortgage interest tax deduction the most commonly claimed deduction. Includes articles on deducting mortgage points and the tax effects of refinancing.\n\nStudent loan interest deduction allows the deduction of up to $2500 in interest.\n\nMedical expenses tax deduction allows the deduction of expenses over 7.5% of A.G.I.\n\nCharity & gifts tax deduction allows the deduction of money and goods donated to qualified organizations.\n\nInvestment interest deduction let's you deduct margin interest\n\nCasualty & theft deduction helps defray certain losses\n\nTaxes paid deduction allows the deduction of certain local taxes paid the same year\n\nMiscellaneous tax deductions deductions that do not fit into any of the above six categories.
480901
If you make over $650 for the year, it will be reported to the IRS for tax purposes. Which can result in you paying back your unemployment, maybe being penalized.\n\nIf less than $650 the earnings will not be reported & you'll be fine.
856756
you are not eligible to pay tax if your total earnings are less than your personal allowance, which is 5035 for this year.if you are earning up to 5035 pounds then they will not charge you tax, if they do then you can reclaim that tax back.Similarly you can claimback for your excess deduction as well, for the last three years. hopes this satisfy your question
38741
None.  You're you allowed to exempt up to 250k of the gain from taxes, if you're filing single or seperately.  And 500k if you're married filing jointly.
317521
If its lost wages yes. ok got it compenssatory damages awarded for phisical injury or sickness are NOT taxable.
457670
No because you are not considered unemployed.  The workers comp. company is responsible for paying your wages and for any costs occuring from the injury
351960
no. Unemployment is paid from a tax account that an employer pays into yearly. When an employee files a claim, the funding that they receive is deducted from that employers fund. Your rate of taxation for the following year all depends on the number of claims the previous year. Meaning, if an employer has no UI claims in 2005, then his UI tax rate will be lower in 2006. Also, depending on the state, some employers are exempt from paying into their UI tax fund if they have 50 employees or less.
439218
The federal government considers it income so yes to federal taxes.  I'm not sure if your specific state does or not.  Ohio considers alimony income.