Are unemployment benefits taxable? What about the two stimulus payments you received, is that taxable? Author: Bill McGinty Updated: 5:54 PM EST February 2, 2021
CHARLOTTE, N.C. If you got unemployment compensation in 2020 because of the pandemic, there are some tax implications you need to know about so that you are not surprised later this month as tax season is here.
Hundreds of thousands of North and South Carolinians lost their jobs and spent most of 2020 using unemployment benefits to get by. Many also received two stimulus payments from the federal government and added federal unemployment benefits. So, what’s taxable and what’s not?
Initial unemployment-insurance benefit claims in North Carolina remained on a downward trend last week following a short wave of increases, the U.S. Labor Department reported Thursday.
Lawmakers indicated they would support waiving repayments for non-fraud overages
An unprecedented surge in applications for unemployment benefits overwhelmed the state Division of Employment Security, Assistant Secretary Pryor Gibson told state lawmakers this week. And nearly a year into the pandemic, it is still struggling.
More than 1.4 million North Carolinians have applied for unemployment benefits since last March, when the COVID-19 pandemic first shut down large segments of the economy and led to record layoffs.
“Our offices continue to get calls that we can’t often get answers for in dealing with [DES],” said Sen. Chuck Edwards (R-Henderson), co-chair of the Joint Legislative Oversight Committee on Unemployment Insurance, in Tuesday’s meeting. “North Carolina citizens deserve an employment system that works for them.”
Daily initial unemployment claims remain on downward track journalnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journalnow.com Daily Mail and Mail on Sunday newspapers.
Gorilla recovery, hydroxychloroquine return, prison problems: News from around our 50 states From USA TODAY Network and wire reports, USA TODAY
Alabama
Montgomery: Officials said Tuesday that the state will see a slight increase, about 16%, in COVID-19 vaccine doses coming in federal shipments, but the ongoing shortage remains the chief obstacle to getting more people inoculated. President Joe Biden announced Tuesday that the U.S. is boosting deliveries to hard-pressed states over the next three weeks to increase vaccinations. “I’m pleased that Alabama will receive a slight increase in our vaccine supply. Any margin of increase is appreciated, but we have a long way to go to be able to provide them to any Alabamian who wants one,” Gov. Kay Ivey said Tuesday. State Health Officer Scott Harris said Alabama will receive an additional 10,000 first doses in its upcoming delivery. The state had been receiving about 50,000 to 60,000 first doses each week but will s