Will I be receive unemployment benefits?

My husband and I were laid off in 2010 and received unemployment benefits. Will we receive a refund?

  • I was laid off in March 2010 while 6 months pregnant and was receiving unemployment benefits for a few months and then disability benefits while recovering from giving birth. In November, my husband was laid off and received unemployment benefits as well. What are the chances of us having to pay instead of a refund? We did not have taxes deducted from our benefits as we were short on funds already. Please keep in mind that I had given birth which entitles us to child tax credit.

  • Answer:

    You could end up having to pay, since the unemployment is taxable and the disability benefits probably are. The baby might save you, but can't say without knowing how much the two of you received for unemployment, how much you got for disability benefits and if that was taxable, and how much you earned while you were working and how much if anything was withheld for federal income tax.

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No possible way to say without knowing ALL of the relevant information, including your wages and other income, disability (and type of disability as some is taxable) unemployment benefits received, number of children, taxes withheld, etc. Without all of that information anything would be nothing more than a wild and useless guess on our part.

do you really think that someone can answer this with the limited info you provided? it's almost may, you should have had your taxes done months ago

The only way to know for sure is to fill out your complete tax return and see what the result is. the fact that the unemployment benefits were taxable but you had no taxes withheld will put a big dent in your refund, but the baby will increase your refund through the extra exemption and the child tax credit. You also have the making work pay credit and possibly EIC working in your favor. Every detail makes a difference so the only way to know is to finish doing your tax return and find out.

your non taxable income is $22350, how much do you have to report and how much was withheld from your pay? you have EIC, probably the additional child credit and some Make Work Pay credit

The federal government did not send out the instruction booklet with Form 1040 this year, but you should be able to get a copy at your public library if you go there right away before they're all gone. The instructions are also available on line, but it's more of a hassle to find the parts you need. As the other posters have noted, it all depends on the times and the amounts involved. But I think you can get a very good idea by figuring the tax yourselves. If you still have questions, you can take all your information to a tax preparer, who'll run it through a computer program for you, and help you file federal, California, and local forms. The program will be quite thorough about asking all the relevant questions so you don't miss any factors that could save you money. The only thing is, there's a considerable charge for this service.

There is no possibility of a refund. You are only entitled to a tax credit if you would have owed without it, and the child tax credit is not more than what you would have owed without it. You will not get a refund. If the tax on the UI benefits is more than the child tax credit, then you will have to pay. If not, then you will not have to pay. Either way, you will not get a refund.

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