I already paid taxes on my unemployment. Why is my...
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yoya32
New Member

I already paid taxes on my unemployment. Why is my refund amount reduced?

 
2 Replies
VolvoGirl
Level 15

I already paid taxes on my unemployment. Why is my refund amount reduced?

You didn't pay the taxes.  You had taxes withheld.  That was just an estimated amount.  When you added your unemployment to your other income you did have enough withholding to cover the tax liability on all your income.

SweetieJean
Level 15

I already paid taxes on my unemployment. Why is my refund amount reduced?

Taxes are typically withheld from unemployment comp at a 10% rate, but your actual tax rate is likely higher.

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