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The tax withholding really is the easiest way to handle this. I've had it set up from day one and haven't had to worry about setting money aside or calculating payments.
For anyone still confused about this stuff, the IRS also has Publication 525 that explains what types of income are taxable, including unemployment benefits. It's pretty detailed if you want to dive deep into the rules.
Don't forget that unemployment benefits are taxable income! You can choose to have taxes withheld from your weekly payments or you'll owe when you file your tax return. Just something to keep in mind for next year.
Your situation sounds pretty straightforward for partial unemployment eligibility. 8 months of work history should be plenty, and a reduction from 25 to 10 hours is definitely significant enough to qualify. I'd say go for it - worst case they say no, but based on what you've described you should be approved.
That Claimyr thing actually sounds useful. I've been dealing with an adjudication issue for weeks and can never get through to anyone at Washington ESD.
Just remember that even if the interview doesn't go perfectly, you can always appeal if the decision goes against you. Don't panic if you feel like you stumbled on something.
Just to add - if you're using a payroll service, they should handle FUTA deposits for you. But double-check they're doing it right and on time since you're still liable for penalties if they mess up.
Thanks everyone for all the helpful info! I feel much more confident about staying compliant with FUTA deposits now. Setting up my calendar reminders and EFTPS account this week.
Good luck with your business growth. Sounds like you're taking the right approach by getting this stuff figured out early.
And remember, if you ever need to reach Washington ESD or other agencies about employment taxes, that Claimyr service can save you a lot of time and frustration.
Hassan Khoury
This thread should be pinned somewhere. So much good info here that I wish I'd had when I filed my claim last year. Would have saved me a lot of confusion and mistakes.
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Camila Jordan
•Agreed! Everyone here has been so helpful.
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Hassan Khoury
•This community is great for this kind of support. Good luck with your claim!
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Victoria Stark
Final reminder - keep copies of everything you submit and take screenshots of your online application before you submit it. If there are any technical issues or questions later, having that documentation helps a lot.
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Camila Jordan
•Smart thinking. I'll definitely do that.
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Victoria Stark
•Yeah learned that the hard way. Better safe than sorry with government systems.
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