do you need to withhold more tax so you are not liable than the 10% that the government does? how is this done?
You'll need to sign in or create an account to connect with an expert.
The amount you can withhold from your unemployment may depend on what the state unemployment bureau allows you to withhold. You have to look on your state's unemployment site to see how much they will let you withhold.
The only thing that I understand that can be done is to mark the “withhold taxes “ checkbox when certifying for unemployment benefits. Yet i was penalized last year.
@silvirgirl Again---that is a matter to sort out with your state's unemployment. TurboTax cannot help you with how to certify for unemployment or how to enter the information in to your state's unemployment site. Not sure what you mean by "penalized." If you did not have tax withheld then some of your unemployment could have been taxable. Only the first $10,200 was "tax-free" on your federal return. And state laws vary--some states tax unemployment and some do not.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
terrys-mail2
New Member
RLG17
Level 1
218236f9a6a8
New Member
BSSE1
Level 1
nate-bowers
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.