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H.R. 155: | Suspension of Federal Income Tax on Unemployment Benefits Act of 2009 | 111th Congress 2009-2010 |
To amend the Internal Revenue Code of 1986 to suspend the taxation of unemployment compensation for 2 years. OverviewSponsor: | | Text: | Summary
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Full Text | Status: |  | Introduced | Jan 6, 2009 | | Referred to Committee | View Committee Assignments |  | Reported by Committee | ... | | House Vote | ... | | Senate Vote | ... | | Signed by President | ... |
This bill is in the first step in the legislative process. Introduced
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them before they go to general debate. The majority of bills and resolutions never make it out of committee.
[Last Updated: Nov 13, 2009 11:24AM] | Last Action: | Jan 13, 2009:
Sponsor introductory remarks on measure. (CR E69) | Related: | See the Related Legislation page for other bills related to this one and a list of subject terms
that have been applied to this bill.
Sometimes the text of one bill or resolution is incorporated into another, and in those cases the original bill or resolution, as it would appear here, would seem to be abandoned. |
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Question & Answer 
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Jul 17, 2009 2:02 AM - With millions of people receiving unemployment benefits for extended periods, this issue is a ticking time bomb. Approximately how much will the average tax bill be (due next April) if this bill is NOT passed/signed into law? -
Read AnswersAnswered by a visitor on Nov 10, 2009 11:19 AM -
It is a good idea to pay quarterly or have taxes deducted from your unemployment benefit weekly or monthly or you may be in for an unpleasant surprise. I would not venture to calculate what the average tax bill will be since I cannot find good average statistics on this. However, you can estimate your tax liability by subtracting your estimated allowable deductions from your gross 2009 income (unemployment is income) and going to the IRS tax tables for 2009, available on the internet. Unemployment is considered unearned income, it is subject to federal and state income taxes but not FICA and Medicare taxes. Remember to deduct from your gross income the one time $2400 credit that was part of the stimulus bill. Nov 14, 2009 11:28 AM - Do you pay federal tax on unemployment benefits? -
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Because the U.S. Congress posts most legislative information online one legislative day after events occur, GovTrack is usually one legislative day behind. For more information about where this data comes from, see
About GovTrack.us. H.R. 155--111th Congress: Suspension of Federal Income Tax on Unemployment Benefits Act of 2009.
(2009).
In GovTrack.us (database of federal legislation).
Retrieved Nov 22, 2009, from
http://www.govtrack.us/congress/bill.xpd?bill=h111-155
"H.R. 155--111th Congress: Suspension of Federal Income Tax on Unemployment Benefits Act of 2009."
GovTrack.us (database of federal legislation).
2009.
Nov 22, 2009
<http://www.govtrack.us/congress/bill.xpd?bill=h111-155>
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|title=H.R. 155
|accessdate=Nov 22, 2009
|author=111th Congress (2009)
|date=Jan 6, 2009
|work=Legislation
|publisher=GovTrack.us
|quote=Suspension of Federal Income Tax on Unemployment Benefits Act of 2009
}} | | | |
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