How are unemployment benefits taxed?
If you receive unemployment benefits, you must pay taxes on that income.
3 min read
Nov 03, 2021
Sean Jackson
Contributing Writer
EXPERTISE
- Personal finance
Highlights
- Personal finance contributor at Bankrate
- Covers budgeting, saving money and other personal finance topics
Experience
Sean Jackson is a creative copywriter living in Florida. He’s written articles for Realtor.com, CNET and ZDNet. In his spare time, he enjoys hiking, improv, photography and failing miserably at dancing.
Sean's latest articles
-
-
2020-2021 gift tax rate: What it is, how it works and who has to pay it
The gift tax imposes a tax on large gifts, preventing large transfers of wealth without any tax implications.
4 min read Nov 02, 2021 -
Arizona state taxes 2021: Income and sales tax rates
Arizona has four income tax brackets for filers.
2 min read Nov 01, 2021 -
2021 Form W-4: How to fill it out
This guide will walk you through how to fill out the form and other considerations.
6 min read Sep 22, 2021 -
Discretionary income: Definition, how to calculate it and how it impacts your budget
Understanding discretionary income can help you with your budgeting strategy.
3 min read May 24, 2021 -
What is disposable income? Definition, example and how it impacts your budget
Our guide tackles the basics of disposable income and how you can use it to budget.
2 min read May 13, 2021