As if taxing social security wasn't bad enough, the IRS also taxes unemployment benefits. So they send you the payment each month, and then ask for a portion of it back at the end of the year. Only a politician could come up with this scheme, where they get all the glory of writing the checks, and then someone else (the IRS) has to be the bad guy and collect a portion of it back.
Here is an article about a small amount of relief for unemployment recipients to try to help relieve some of their tax burden (a few hundred dollars maybe). Gee. Thanks Uncle Sam.
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IRS CIRCULAR 230 DISCLOSURE REQUIREMENT: IRS Circular 230 requires us to notify you that any tax advice contained in this communication is not intended or written to be used, and cannot be used, by any person for the purpose of avoiding tax penalties that may be imposed by law.
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