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If you're self-employed and getting unemployment, make sure you understand how it interacts with your business taxes too. Can get complicated.
The bottom line is yes, unemployment is taxable income federally. Have the 10% withheld to avoid owing a bunch later. Learned from experience!
Also be aware that if you do any work while collecting unemployment, even part-time or temporary work, you need to report it on your weekly claim. Working doesn't necessarily disqualify you, but failing to report it can get you in trouble for fraud.
One last tip - keep detailed records of everything related to your unemployment claim. Save all correspondence from Washington ESD, keep copies of your weekly claims, and document all your job search activities. If any issues come up later, having good records will save you a lot of headaches.
This has been incredibly helpful, everyone. I feel much more prepared for this process now. Hopefully I won't need to file, but at least I know what to expect if I do.
Welcome to the unemployment club! Hope you find work soon but at least you have some support while you're looking.
I had a similar situation with my retail job - they kept cutting hours but wouldn't lay anyone off completely. Partial unemployment benefits really helped bridge the gap while I found a better job. The whole process took about 3 weeks from filing to receiving my first payment.
Double-check that you meet the monetary requirements before spending too much time on the application. If you don't have enough earnings in your base period, you'll just get denied and have to wait to reapply later.
The Washington ESD website has some calculators and information about base period requirements. You can also call them, though like others mentioned, getting through can be challenging.
Or use Claimyr to get through to an agent who can check your earnings history and tell you if you qualify before you file. That way you're not wasting time on an application that will get denied.
Dylan Baskin
One thing I wish someone had told me - save screenshots of your completed application before submitting. If there are any issues later, it's helpful to have that record.
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Megan D'Acosta
•That's really smart advice. I'll definitely do that.
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Dylan Baskin
•Yeah, learned that the hard way when ESD said they never received information I was sure I had submitted.
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Lauren Wood
Apply as soon as possible after you lose your job. There's no waiting period in Washington but you want to get the process started right away.
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Megan D'Acosta
•Thanks everyone! This has been super helpful. Going to gather all my documents and apply today.
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Lauren Wood
•Good luck! Feel free to post here if you run into any issues during the application process.
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