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Unemployment amount

post #1 of 12
Thread Starter 
IS there any way to estimate what one would get?

I am worried about my DH's job and would like to know if there is a formula or something?

TIA
post #2 of 12
I was helping my next door neighbor figure this out. Turns out that it is different for each state. You need to go out to your state's website and find the unemployment link there. For example, where I live, it is 50% of your pay up to $390/week, but some other state may be just 50% of your pay. Usually the URL for your state website is www.yourstatename.gov

Good luck!
post #3 of 12
Yes, it definitely depends on the state you worked in the longest in the past 24 months and in what quarter you earned the most income. Then it depends on the state's guidelines. I lived in RI previously and their unemployment was 60% of your gross income for the quarter with the highest earnings up to $475 per week, and additional income for each dependent you have. I currently live in FL where the max unemployment you can receive is $275 regardless of how many dependents you have, but again, it is based on your income earned and it's a percentage up to a maximum, but I'm not sure what that maximum is, because I was obviously over it, that's a big difference. The salary I was earning at the time they used the income max, was $40K. Definitely check out your state's website, all the info will be there.
post #4 of 12
Depends on the state. Here in NY, the max you can get is $404 a week.
post #5 of 12
In Minnesota you get 50% of your income up to 500$/week.

Keep in mind that you have to pay tax on unenployment income. You can have them take tax out fo the UE, or you can wait until you file your taxes.
post #6 of 12
While UE is generally considered taxable income,

Quote:
The American Recovery and Reinvestment Act temporarily will change the taxation of unemployment benefits for the 2009 tax year only. Under the new economic stimulus law, the first $2,400 of unemployment benefits received in 2009 will not be subject to federal taxes. The exemption will be reflected on those tax returns filed in 2010.
That's from the IRS website. The benefits may still be considered taxable income by your state, though, so keep that in mind.
post #7 of 12
Our state's unemployment website which is the employment security commission has a benefits estimator. All you do is plug in your social security # and it will calculate for you if your employer has been turning in your earnings.
post #8 of 12
Here the max per week is like $222 I think.
post #9 of 12
I just searched my state and it seems like $326 per week is the max. That is much less than 50% of my DH's income, so there goes my theory that we could survive if we could live off half right now.

PJJ, hope your DH's job ends up being okay.
post #10 of 12
Yeah, my husband and I looked at unemployment rates when deciding where to move, too. The apartment we chose costs a little over two weeks of the max unemployment, instead of the other place, which took just under four weeks' checks. Neither is comfortable, I'd have to get a job ASAP, but it's something.

I don't know the official name of it, but here in NYS, there's a rule saying that you don't need to accept jobs under a reasonable salary for that position. Remember -- if you accept a job that pays drastically less than you normally make, even for just one week, when you go back to unemployment to apply again, your MOST RECENT salary is what they use to determine your check. So taking work for lots less than normal could end up costing you more in the end. Be cautious.
post #11 of 12
type in "Your state" unemployement benefits estimator into search engine.

it will be online someplace, and then will ask you to input certain data. Most states have a max and min amount as well.

In Colorado, the weekly max is $475, and the weekly min is $25.

But as you can see it all varies a lot by state.
post #12 of 12
In Ohio the weekly max is $416 for people with at least 1 dependent, $464 for those with 3 or more.
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