Current Events > So are we still getting a tax return even when on uneployment?

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xmenhavok
01/25/21 4:39:36 PM
#1:


Just wondering?
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KStateKing17
01/25/21 4:43:24 PM
#2:


I'm sure many of us are expected to pay that back.

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SquantoZ
01/25/21 4:44:26 PM
#3:


uneployment is when twitch ends their partnership with you.

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Hexenherz
01/25/21 4:45:55 PM
#4:


Tax return = the package you submit to the IRS and state revenue departments.

Tax refund = money you get back from the government after submitting your statement.

It is possible in some cases, with certain credits and deductions, to get a refund even if your sole source of income for the year was unemployment.

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TheGoldenEel
01/25/21 4:46:48 PM
#5:


Truly astonishing how many people dont understand taxes in the US

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xmenhavok
01/25/21 4:47:38 PM
#6:


SquantoZ posted...
uneployment is when twitch ends their partnership with you.
You done fuck up.
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xmenhavok
01/25/21 4:47:55 PM
#7:


TheGoldenEel posted...
Truly astonishing how many people dont understand taxes in the US
no shit
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Aristoph
01/25/21 4:51:01 PM
#8:


TheGoldenEel posted...
Truly astonishing how many people dont understand taxes in the US

In fairness, I'm 36 years old and I have no idea how to do my taxes.

Which is why I have someone to do it for me. The same person that's been doing my parents' taxes since before I was born.

But even still...I at least know the basics. Like if you payed more in taxes than you technically needed to, you get a refund.

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pupeye
01/25/21 4:54:47 PM
#9:


if unemployment didn't take out taxes you will owe money. please tell me they took out taxes...
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xmenhavok
01/25/21 4:56:42 PM
#10:


pupeye posted...
if unemployment didn't take out taxes you will owe money. please tell me they took out taxes...
I don't know wondering how they're going to do it. So do they have to do their taxes? And if so do they get a refund.
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CommonStar
01/25/21 4:58:04 PM
#11:


They should have sent you a 1099G
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NinjaWarrior455
01/25/21 4:59:34 PM
#12:


When you file for unemployment you can choose whether or not to withhold some of the funds for tax purposes.

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AzurexNightmare
01/25/21 5:00:25 PM
#13:


TheGoldenEel posted...
Truly astonishing how many people dont understand taxes in the US
Part of the problem is people like yourself who ridicule others for asking questions. The irony lol

Obviously you aren't directly responsible but people like you end up being parents and school teachers and those are the people who help the negative effect pass along.

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Hexenherz
01/25/21 5:02:16 PM
#14:


TheGoldenEel posted...
Truly astonishing how many people dont understand taxes in the US
Worst one I've seen is a person paying income tax to two states when this person didn't have to pay tax to any state.

That was painful to hear about.

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pupeye
01/25/21 9:49:13 PM
#15:


xmenhavok posted...
I don't know wondering how they're going to do it. So do they have to do their taxes? And if so do they get a refund.

you have to file a return. unemployment counts as income, there is a line for it on the form.
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