General Discussion

jpak

(41,757 posts) Sun Aug 9, 2020, 01:29 AM Aug 2020

FYI, you will owe back taxes on D-Con's payroll tax "holiday "

Surprise

Surprise

7 replies

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FYI, you will owe back taxes on D-Con's payroll tax "holiday " (Original Post) jpak Aug 2020 OP

It's not within his legal authority to forgive the taxes ... mr_lebowski Aug 2020 #1

Don't you also have to pay taxes on unemployment checks BigmanPigman Aug 2020 #2

UI money...yes. Stimulus payments...no. roamer65 Aug 2020 #3

And if you get a tax refund you whistler162 Aug 2020 #4

That is not correct obamanut2012 Aug 2020 #5

Kick dalton99a Aug 2020 #6

Taxed on it as income or have to pay it all back to FICA? MichMan Aug 2020 #7

mr_lebowski

(33,643 posts)

1. It's not within his legal authority to forgive the taxes ...

Reply to jpak (Original post)

Sun Aug 9, 2020, 01:41 AM

Aug 2020

Plus if I understand it correctly, nothing he spewed out is real other than the UI extension ... MAYBE.

BigmanPigman

(51,571 posts)

2. Don't you also have to pay taxes on unemployment checks

Reply to jpak (Original post)

Sun Aug 9, 2020, 03:38 AM

Aug 2020

and the $1,200 stimulus check too?

roamer65

(36,744 posts)

3. UI money...yes. Stimulus payments...no.

Reply to BigmanPigman (Reply #2)

Sun Aug 9, 2020, 03:41 AM

Aug 2020

whistler162

(11,155 posts)

4. And if you get a tax refund you

Reply to jpak (Original post)

Sun Aug 9, 2020, 08:22 AM

Aug 2020

will payback the $1200.

obamanut2012

(26,047 posts)

5. That is not correct

Reply to whistler162 (Reply #4)

Sun Aug 9, 2020, 09:13 AM

Aug 2020

dalton99a

(81,406 posts)

6. Kick

Reply to jpak (Original post)

Sun Aug 9, 2020, 09:15 AM

Aug 2020

MichMan

(11,870 posts)

7. Taxed on it as income or have to pay it all back to FICA?

Reply to jpak (Original post)

Sun Aug 9, 2020, 09:21 AM

Aug 2020

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