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I recently became unemployed during the end of 2017. (I did not collect unemployment). Does that affect my return? Will I have to pay taxes next year?

I did not and am not currently collecting unemployment. I no longer have any income.

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6 Replies

I recently became unemployed during the end of 2017. (I did not collect unemployment). Does that affect my return? Will I have to pay taxes next year?

It depends- you do have to report your unemployment income and you may have to pay income tax.  The amount of time you spend on unemployment and if/when you do find a job and other income will all affect your taxes for 2018.  You can have the state withhold tax from your unemployment (but you probably need it for living expenses)
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I recently became unemployed during the end of 2017. (I did not collect unemployment). Does that affect my return? Will I have to pay taxes next year?

I never collected unemployment. I applied for it but was denied. How do I report this information if I have to?

I recently became unemployed during the end of 2017. (I did not collect unemployment). Does that affect my return? Will I have to pay taxes next year?

I no longer have an income source. Other than the person I live with.

I recently became unemployed during the end of 2017. (I did not collect unemployment). Does that affect my return? Will I have to pay taxes next year?

Sorry, did not realize you were denied.  You do not have to report the unemployment in this case.
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I recently became unemployed during the end of 2017. (I did not collect unemployment). Does that affect my return? Will I have to pay taxes next year?

That's okay thank you very much. I just did not know if that would help me get a bigger return or if I'd get in trouble if I didn't report that.

I recently became unemployed during the end of 2017. (I did not collect unemployment). Does that affect my return? Will I have to pay taxes next year?

You are welcome.  Unfortunately you cannot qualify for a bigger refund but you also do not have to report.
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