Do you pay taxes on unemployment? What to expect when you file your return.

Many people who lose their jobs are surprised to learn that unemployment benefits are taxable. If you didn’t have taxes withheld from your benefit check, you could find yourself owing money when you file your return. Wondering how unemployment will affect your taxes? Don’t panic. We’ll explain how unemployment benefits are taxed and what to do if you can’t afford to pay. You’ll also learn about tax credits you may be eligible for if you collect unemployment and how to avoid an unexpected tax bill. Who qu ...