How much money do you get unemployment benefits in NY - confused about payment amounts

Thanks! So if I made around $11,500 in my best quarter, that would be about $442 per week? That might actually work for me.

Wait, 3 job contacts per week? I thought it was just 1? This system is so confusing, no wonder people have problems with their claims.

That's interesting - I've never heard of that service before. Did they charge you anything to help you get through?

If they're just cutting your hours, you might qualify for partial unemployment benefits. You can still work part-time and collect some UI as long as you report your earnings on your weekly claim.

That's really helpful info about the tax implications - I hadn't thought about that! Do you know if there's a way to estimate how much would be taken out for taxes if I choose to have them withheld? I'd rather not get hit with a big bill next year.

@Oscar Murphy - Yes! When you file your initial claim, there s'an option to have 10% federal taxes withheld from your benefits automatically. You can also change this later by calling the unemployment line or updating it online. For someone getting $442/week, that would be about $44 withheld each week for taxes. It s'usually worth it to avoid owing money later, especially since unemployment benefits are taxed as regular income at your normal tax rate.

@Oscar Murphy For federal taxes, they typically withhold 10% if you elect to have taxes taken out. So on $442/week that would be about $44 withheld, leaving you with roughly $398. You can request this when you file your initial claim or change it later by contacting NYS DOL. Some people prefer to just save 15-20% on their own since unemployment is taxed as regular income. Definitely worth planning ahead though - unemployment tax bills can be a nasty surprise!

@Oscar Murphy The federal withholding rate for unemployment benefits is 10%. So on $442/week, you d'have about $44 withheld for federal taxes each week. You can elect to have this done when you file your initial claim or change it later through your online account. New York State doesn t'tax unemployment benefits, so you only need to worry about federal. It s'definitely worth doing the withholding - owing $1,100+ at tax time is no fun when you re'already dealing with job loss!

@Oscar Murphy You can choose to have 10% federal tax withheld from your unemployment benefits when you file your weekly claims - there s'a checkbox for it in the system. For state taxes in NY, you d'need to make estimated quarterly payments since they don t'automatically withhold state tax from UI benefits. I d'recommend having the 10% federal withheld just to be safe, especially if you re'in a higher tax bracket from your previous job earnings.

@Oscar Murphy You can choose to have 10% federal tax withheld from your unemployment benefits when you file your weekly claims - there s'a checkbox for it in the system. That s'usually enough to cover most of the tax liability, though it depends on your total income for the year. NYS doesn t'tax unemployment benefits, so you only need to worry about federal taxes. I d'recommend having it withheld automatically rather than trying to save money on your own - it s'one less thing to worry about!

@Oscar Murphy You can have 10% federal taxes withheld from your unemployment benefits when you file your weekly claims - there s'a checkbox option for it. For someone getting $442/week, that would be about $44 withheld each week. New York doesn t'tax unemployment benefits at the state level, so you only need to worry about federal taxes. It s'definitely worth doing the withholding if you don t'want a surprise tax bill!

@Oscar Murphy The federal withholding rate for unemployment benefits is 10%. So on $442/week, that would be about $44 withheld for federal taxes. New York doesn t'tax unemployment benefits at the state level, so you only need to worry about federal. You can elect to have taxes withheld when you first file your claim or change it later by calling the DOL. Definitely worth doing if you don t'want a surprise tax bill!

@Oscar Murphy You can choose to have 10% federal tax withheld from your unemployment benefits when you file your weekly claims. There s'a checkbox option for it in the NY system. For someone getting $442/week, that would be about $44 withheld per week, so you d'actually receive around $398. It s'usually better to have it withheld rather than owing a lump sum later - unemployment is taxed as regular income at your normal tax rate.

@Oscar Murphy Yes! If you choose to have taxes withheld from your unemployment benefits, they ll'take out 10% federal tax automatically. So on $442 per week, that would be about $44 withheld, leaving you with roughly $398 per week. You can request withholding when you first file your claim or add it later by calling the unemployment office. It s'definitely worth doing if you want to avoid owing money at tax time - unemployment benefits are taxed just like regular wages.

@Oscar Murphy Federal taxes are withheld at 10% if you choose that option when filing your weekly claims. So on $442/week that would be about $44 taken out. New York doesn t'tax unemployment benefits at the state level, so you only worry about federal. You can change the withholding election anytime by logging into your account. I d'recommend having it withheld - much easier than owing money later!

@Oscar Murphy The federal withholding rate for unemployment benefits is 10%. So on $442/week, that would be about $44 withheld for federal taxes each week. You can elect to have this done automatically when you set up your claim, or you can choose not to withhold and just save that amount yourself. New York state doesn t'tax unemployment benefits, so you only need to worry about federal taxes. I d'recommend having it withheld - makes tax time much easier!

@Oscar Murphy The federal withholding rate for unemployment is 10% if you choose to have it taken out automatically. So on $442 per week, that would be about $44 withheld for federal taxes. NY state doesn t'automatically withhold from unemployment benefits though, so you d'need to make quarterly estimated payments or save about 6-8% for state taxes roughly ($26-35 per week .)It s'definitely worth doing the withholding to avoid surprises - I learned that the hard way!

@Oscar Murphy - Yes! When you file for unemployment benefits in NY, you can choose to have 10% withheld for federal taxes and 3.5% for state taxes on your weekly claim form. So on $442/week, that would be about $44 federal + $15 state = $59 total withheld per week. You can also change this election later if needed by updating your profile online. Much easier than trying to save money on your own or owing a bunch at tax time!

@Oscar Murphy Yes! When you file your initial claim, there s'an option to have 10% withheld for federal taxes. You can also change this later by logging into your NY.gov account and updating your withholding preference. For state taxes, NY automatically withholds about 3.5% if you elect tax withholding. So on $442/week, you d'have about $44 taken out for federal and $15 for state if you choose full withholding. It s'definitely worth doing - much easier than owing hundreds at tax time!

@Oscar Murphy The federal tax withholding on unemployment is 10% if you elect it when filing your weekly claims. So on $442/week that would be about $44 withheld for federal taxes. You can change this election anytime by logging into your account. NY doesn t'have state income tax on unemployment benefits which is nice. I d'recommend having it withheld - makes tax time much easier!