{"id":71617,"date":"2020-05-22T18:03:32","date_gmt":"2020-05-22T22:03:32","guid":{"rendered":"https:\/\/tjbdeals.com\/?p=71617"},"modified":"2020-05-22T18:22:37","modified_gmt":"2020-05-22T22:22:37","slug":"psa-unemployment-benefits-are-taxable-stimulus-checks-are-not-taxable","status":"publish","type":"post","link":"https:\/\/tjbdeals.com\/?p=71617","title":{"rendered":"PSA: Unemployment Benefits Are Taxable; Stimulus Checks Are NOT Taxable!"},"content":{"rendered":"<p><span style=\"font-size: 12pt;\">We&#8217;re seeing a lot of confusion out there from people so we thought we&#8217;d clear it up for everyone.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">The one time stimulus checks that most people received ($1200\/adult &amp; $500\/child) is <strong>NOT<\/strong> taxable. [Note: If you haven&#8217;t received it yet, you can check the status of your payment <a href=\"https:\/\/www.irs.gov\/coronavirus\/get-my-payment?\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline; color: #0000ff;\"><strong>at this link<\/strong><\/span><\/a>] This was a one time advanced credit that is not taxable and won&#8217;t have to be paid back.<br \/>\n<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">However, unemployment benefits that people are receiving now (whether from the state or the $600 Federal) is absolutely taxable. And if you end up collecting unemployment for awhile, you will probably wind up with an unexpected tax bill next year.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">At the end of the year, you will receive form 1099-G with your total compensation from unemployment that you&#8217;ll have to file with your tax return.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">What can you do now? <\/span><\/p>\n<p><span style=\"font-size: 12pt;\">You can request that the State and Federal withhold taxes from your unemployment benefits each week. Each state website is different but there should be a withholding option on the same page where you click to certify your benefits. For New York for example, you would go to the Unemployment Services page, then to &#8216;Update Your Personal Information&#8217; and there you&#8217;ll be able to elect 10% withholding for Federal and 2.5% for State.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>We&#8217;re seeing a lot of confusion out there from people so we thought we&#8217;d clear it up for everyone. The <a class=\"mh-excerpt-more\" href=\"https:\/\/tjbdeals.com\/?p=71617\" title=\"PSA: Unemployment Benefits Are Taxable; Stimulus Checks Are NOT Taxable!\">&#8230;.. Get This Deal<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":71618,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124],"tags":[],"class_list":["post-71617","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tjb-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PSA: Unemployment Benefits Are Taxable; Stimulus Checks Are NOT Taxable! - TJB Deals<\/title>\n<meta name=\"description\" content=\"We&#039;re seeing a lot of confusion out there from people so we thought we&#039;d clear it up for everyone. The one time stimulus checks that most people received - TJB Deals\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tjbdeals.com\/?p=71617\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PSA: Unemployment Benefits Are Taxable; Stimulus Checks Are NOT Taxable! - TJB Deals\" \/>\n<meta property=\"og:description\" content=\"We&#039;re seeing a lot of confusion out there from people so we thought we&#039;d clear it up for everyone. The one time stimulus checks that most people received - TJB Deals\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tjbdeals.com\/?p=71617\" \/>\n<meta property=\"og:site_name\" content=\"TJB Deals\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TJBdeals\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-22T22:03:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-22T22:22:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tjbdeals.com\/wp-content\/uploads\/2020\/05\/Unemployment-Benefits.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"232\" \/>\n\t<meta property=\"og:image:height\" content=\"232\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TJBdeals\" \/>\n<meta name=\"twitter:site\" content=\"@TJBdeals\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/?p=71617#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/?p=71617\"},\"author\":{\"name\":\"Admin\",\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/#\\\/schema\\\/person\\\/db72cee00145bec0dd64757b124aa146\"},\"headline\":\"PSA: Unemployment Benefits Are Taxable; Stimulus Checks Are NOT Taxable!\",\"datePublished\":\"2020-05-22T22:03:32+00:00\",\"dateModified\":\"2020-05-22T22:22:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/?p=71617\"},\"wordCount\":227,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/?p=71617#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/tjbdeals.com\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/Unemployment-Benefits.jpg\",\"articleSection\":[\"TJB Blog\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/tjbdeals.com\\\/?p=71617#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/?p=71617\",\"url\":\"https:\\\/\\\/tjbdeals.com\\\/?p=71617\",\"name\":\"PSA: Unemployment Benefits Are Taxable; Stimulus Checks Are NOT Taxable! - TJB Deals\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/?p=71617#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/?p=71617#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/tjbdeals.com\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/Unemployment-Benefits.jpg\",\"datePublished\":\"2020-05-22T22:03:32+00:00\",\"dateModified\":\"2020-05-22T22:22:37+00:00\",\"description\":\"We're seeing a lot of confusion out there from people so we thought we'd clear it up for everyone. The one time stimulus checks that most people received - TJB Deals\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/?p=71617#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/tjbdeals.com\\\/?p=71617\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/?p=71617#primaryimage\",\"url\":\"https:\\\/\\\/tjbdeals.com\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/Unemployment-Benefits.jpg\",\"contentUrl\":\"https:\\\/\\\/tjbdeals.com\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/Unemployment-Benefits.jpg\",\"width\":232,\"height\":232},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/?p=71617#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/tjbdeals.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PSA: Unemployment Benefits Are Taxable; Stimulus Checks Are NOT Taxable!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/#website\",\"url\":\"https:\\\/\\\/tjbdeals.com\\\/\",\"name\":\"TJB Deals\",\"description\":\"Saving You Money One Deal At A Time\",\"publisher\":{\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/tjbdeals.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/#organization\",\"name\":\"TJB Deals\",\"url\":\"https:\\\/\\\/tjbdeals.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/tjbdeals.com\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/TJB-Transparent.png\",\"contentUrl\":\"https:\\\/\\\/tjbdeals.com\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/TJB-Transparent.png\",\"width\":232,\"height\":232,\"caption\":\"TJB Deals\"},\"image\":{\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/TJBdeals\\\/\",\"https:\\\/\\\/x.com\\\/TJBdeals\",\"https:\\\/\\\/www.instagram.com\\\/tjbdeals\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/tjbdeals.com\\\/#\\\/schema\\\/person\\\/db72cee00145bec0dd64757b124aa146\",\"name\":\"Admin\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PSA: Unemployment Benefits Are Taxable; Stimulus Checks Are NOT Taxable! - TJB Deals","description":"We're seeing a lot of confusion out there from people so we thought we'd clear it up for everyone. The one time stimulus checks that most people received - TJB Deals","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tjbdeals.com\/?p=71617","og_locale":"en_US","og_type":"article","og_title":"PSA: Unemployment Benefits Are Taxable; Stimulus Checks Are NOT Taxable! - TJB Deals","og_description":"We're seeing a lot of confusion out there from people so we thought we'd clear it up for everyone. The one time stimulus checks that most people received - TJB Deals","og_url":"https:\/\/tjbdeals.com\/?p=71617","og_site_name":"TJB Deals","article_publisher":"https:\/\/www.facebook.com\/TJBdeals\/","article_published_time":"2020-05-22T22:03:32+00:00","article_modified_time":"2020-05-22T22:22:37+00:00","og_image":[{"width":232,"height":232,"url":"https:\/\/tjbdeals.com\/wp-content\/uploads\/2020\/05\/Unemployment-Benefits.jpg","type":"image\/jpeg"}],"author":"Admin","twitter_card":"summary_large_image","twitter_creator":"@TJBdeals","twitter_site":"@TJBdeals","twitter_misc":{"Written by":"Admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/tjbdeals.com\/?p=71617#article","isPartOf":{"@id":"https:\/\/tjbdeals.com\/?p=71617"},"author":{"name":"Admin","@id":"https:\/\/tjbdeals.com\/#\/schema\/person\/db72cee00145bec0dd64757b124aa146"},"headline":"PSA: Unemployment Benefits Are Taxable; Stimulus Checks Are NOT Taxable!","datePublished":"2020-05-22T22:03:32+00:00","dateModified":"2020-05-22T22:22:37+00:00","mainEntityOfPage":{"@id":"https:\/\/tjbdeals.com\/?p=71617"},"wordCount":227,"commentCount":0,"publisher":{"@id":"https:\/\/tjbdeals.com\/#organization"},"image":{"@id":"https:\/\/tjbdeals.com\/?p=71617#primaryimage"},"thumbnailUrl":"https:\/\/tjbdeals.com\/wp-content\/uploads\/2020\/05\/Unemployment-Benefits.jpg","articleSection":["TJB Blog"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/tjbdeals.com\/?p=71617#respond"]}]},{"@type":"WebPage","@id":"https:\/\/tjbdeals.com\/?p=71617","url":"https:\/\/tjbdeals.com\/?p=71617","name":"PSA: Unemployment Benefits Are Taxable; Stimulus Checks Are NOT Taxable! - TJB Deals","isPartOf":{"@id":"https:\/\/tjbdeals.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tjbdeals.com\/?p=71617#primaryimage"},"image":{"@id":"https:\/\/tjbdeals.com\/?p=71617#primaryimage"},"thumbnailUrl":"https:\/\/tjbdeals.com\/wp-content\/uploads\/2020\/05\/Unemployment-Benefits.jpg","datePublished":"2020-05-22T22:03:32+00:00","dateModified":"2020-05-22T22:22:37+00:00","description":"We're seeing a lot of confusion out there from people so we thought we'd clear it up for everyone. The one time stimulus checks that most people received - TJB Deals","breadcrumb":{"@id":"https:\/\/tjbdeals.com\/?p=71617#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tjbdeals.com\/?p=71617"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tjbdeals.com\/?p=71617#primaryimage","url":"https:\/\/tjbdeals.com\/wp-content\/uploads\/2020\/05\/Unemployment-Benefits.jpg","contentUrl":"https:\/\/tjbdeals.com\/wp-content\/uploads\/2020\/05\/Unemployment-Benefits.jpg","width":232,"height":232},{"@type":"BreadcrumbList","@id":"https:\/\/tjbdeals.com\/?p=71617#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tjbdeals.com\/"},{"@type":"ListItem","position":2,"name":"PSA: Unemployment Benefits Are Taxable; Stimulus Checks Are NOT Taxable!"}]},{"@type":"WebSite","@id":"https:\/\/tjbdeals.com\/#website","url":"https:\/\/tjbdeals.com\/","name":"TJB Deals","description":"Saving You Money One Deal At A Time","publisher":{"@id":"https:\/\/tjbdeals.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tjbdeals.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/tjbdeals.com\/#organization","name":"TJB Deals","url":"https:\/\/tjbdeals.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tjbdeals.com\/#\/schema\/logo\/image\/","url":"https:\/\/tjbdeals.com\/wp-content\/uploads\/2026\/10\/TJB-Transparent.png","contentUrl":"https:\/\/tjbdeals.com\/wp-content\/uploads\/2026\/10\/TJB-Transparent.png","width":232,"height":232,"caption":"TJB Deals"},"image":{"@id":"https:\/\/tjbdeals.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/TJBdeals\/","https:\/\/x.com\/TJBdeals","https:\/\/www.instagram.com\/tjbdeals\/"]},{"@type":"Person","@id":"https:\/\/tjbdeals.com\/#\/schema\/person\/db72cee00145bec0dd64757b124aa146","name":"Admin"}]}},"_links":{"self":[{"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/posts\/71617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71617"}],"version-history":[{"count":3,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/posts\/71617\/revisions"}],"predecessor-version":[{"id":71621,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/posts\/71617\/revisions\/71621"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/media\/71618"}],"wp:attachment":[{"href":"https:\/\/tjbdeals.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}