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VIDEO: Stafford Commissioner of Revenue says unemployment benefits received during COVID is taxable

From Stafford Commissioner of the Revenue Scott Mayausky:

IMPORTANT IRS INFORMATION!
If you are one of the 57 million Americans who received unemployment benefits please watch this video and SHARE it so the word gets out that those benefits are TAXABLE. Including the extra $600 a week!!😧
Here are the links you need:
IRS Withholding Calculator:

🚨🚨💰💰🚨🚨IMPORTANT IRS INFORMATION!If you are one of the 57 million Americans who received unemployment benefits please watch this video and SHARE it so the word gets out that those benefits are TAXABLE. Including the extra $600 a week!!😧Here are the links you need:IRS Withholding Calculator: http://apps.irs.gov/app/tax-withholding-estimatorVirginia Employment Commission:www.vec.virginia.gov/unemployed/benefits-information/tax-withholdingIRS Estimated Payments:www.irs.gov/payments/pay-as-you-go-so-you-wont-owe-a-guide-to-withholding-estimated-taxes-and-ways-to-avoid-the-estimated-tax-penalty

Posted by Scott Mayausky on Friday, September 11, 2020

 

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