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Old 11-16-2012, 08:56 AM   #43
BigMeatballDave BigMeatballDave is offline
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Quote:
Originally Posted by jspchief View Post
That's a little misleading. They may take home more with unemployment, but taxes and social security aren't withheld. Come April, they will owe taxes on all that unemployment money.

And then there's the issue of unemployment being a finite benefit.
You have the option to have federal taxes withheld on unemployment benefits.
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