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How To Calculate Unemployment

Watch more How to Deal with Unemployment videos: Subscribe to Howcast's YouTube Channel - Determine your unemployment benefit eligibility by following these steps. Howcast uploads the highest quality how-to videos daily! Be sure to check out our playlists for guides that interest you: Subscribe to Howcast's other YouTube Channels: Howcast Health Channel - Howcast Video Games Channel - Howcast Tech Channel - Howcast Food Channel - Howcast Arts & Recreation Channel - Howcast Sports & Fitness Channel - Howcast Personal Care & Style Channel - Howcast empowers people with engaging, useful how-to information wherever, whenever they need to know how. Emphasizing high-quality instructional videos, Howcast brings you experts who provide accurate information in easy-to-follow tutorials on everything from makeup, hairstyling, nail art design, and soccer to parkour, skateboarding, dancing, kissing, and much, much more. Step 1: Calculate your recent earnings Calculate your earnings over the most recent 52-week period. Benefits are based on a percentage of your earnings over this period. The maximum amount you are eligible for depends on your state. Tip To obtain information about unemployment benefits for a particular state, go to Step 2: Check your eligibility for extended benefits Check whether you are eligible for extended unemployment benefits beyond the 26-week maximum mandated in most states. Tip The basic extended benefits program lets states experiencing high unemployment provide up to 13 additional weeks of benefits. Some states may also enact a voluntary program to pay additional weeks. Step 3: Pay your taxes Don't forget to report unemployment benefits on your federal income tax return. Did You Know? The unemployment rate in the U.S. reached 25 percent during the Great Depression.
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