All of the following are true regarding California unemployment benefits except:
A. Unemployment insurance (UI) provides temporary payments to individuals who are unemployed through no fault of their own
B. Unemployment insurance benefits are taxable income for Federal purposes
C. Unemployment insurance benefits are not taxable by the State of California
D. The Employment Development Department (EDD) sends a Form 1099-MISC to each individual for the total unemployment insurance benefits paid during the prior year

Question

04-01-2021
Business

contestada

All of the following are true regarding California unemployment benefits except:
A. Unemployment insurance (UI) provides temporary payments to individuals who are unemployed through no fault of their own
B. Unemployment insurance benefits are taxable income for Federal purposes
C. Unemployment insurance benefits are not taxable by the State of California
D. The Employment Development Department (EDD) sends a Form 1099-MISC to each individual for the total unemployment insurance benefits paid during the prior year

Respuesta :

Otras preguntas

According to a study that analyzed the exposure to six stressors among poor children and middle-income children in the United States, which of the following is

Gizmos, Inc. produces gizmos at an average total cost of $15 and an average variable cost of $12. The only fixed input used in the production of gizmos costs $2

Jeremy wrote this equivalent equation to solve for x: x = negative 11 y minus 140 Which of these equations might have been Jeremy's original equation? Check all

if an object has a size of 0.4 mm and and image size of 80 mm. What is the magnification

Brian invests £8000 into his bank account. He receives 3% per year compound interest. How many years will it take for Brian to have more than £9500?

Please help me I posted this 10 times and no one helped me they were saying how I was so dumb

Can someone please help me!

The number of representatives each state receives in the House of Representatives is determined by __________. A. each state’s population based on census data;

WHO WAS THE FIRST MAN TO STEP ON THE MOON

In the slap shot video, and the professor said that the puck experienced "an average force of 100 pounds" which we now know is 445 Newtons of average force. The

AbsorbingMan AbsorbingMan · Answer 1 · 2021-01-05T02:01:52+01:00

Answer:

D. The Employment Development Department (EDD) sends a Form 1099-MISC to each individual for the total unemployment insurance benefits paid during the prior year.

Explanation:

The Unemployment Insurance or popularly known as the UI is the assistance provided or a temporary compensation paid to the unemployed youth of the States. These are provided to those people who are not employed through no fault of their own.

The unemployment benefit provided is taxable for both Federal tax as well as it depends on where we live. The state of California does not tax the Unemployment insurance given to the unemployed.

Form 1099 MISC is a tax form and is issued by the Internal Revenue Service. It is used to report the various incomes of the people.

Thus the correct option is (D).