Quote:
Originally Posted by DazednConfusednClueless
paying what all back??
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Paying back as in income tax, all this UI income are taxable.
Next year when you file your taxes based on income you may have to owe federal tax.
Example- if you earn $80k for 2020 and your UI paid you $15k, you’re at $95k and based on that income bracket, you’re going to owe more to federal tax unless you had some withheld while collecting UI.
But if you earn $5k in 2020, and UI paid you $15k, then you’re at $20k, fed govt isn’t going to lay the heavy hammer on your tax.