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  • Net or Gross

    How do you report the income from a home based business while on unemployment, Gross or Net?

    Assuming you earned $350 but expenses were $500 how would that be reported.

    I truly want to give full disclosure (and plan to) but since there are no more California Unemployment offices and it is impossible to get through on the phone I'm concerned that my benefts will be cut off or reduced and I'll have to go through appeals process to explain the net vs, gross issue.

  • #2
    I would love to say that it is net, but here is Arizona, my state and one of the few I am comfortable commenting on, it is gross. The state does not care if you make or lose money when it comes to funded benefits...
    Not everything in America is actionable in a court of law. Please remember that attorneys are in business for profit, and they get paid regardless of whether or not you win or lose.

    I offer my knowledge and experience at no charge, I admit that I am NOT infallible, I am wrong sometimes, hopefully another responder will correct me if that is the case with the answer above, regardless, it is your responsibility to verify any and all information provided.

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    • #3
      It's gross in my state, too.
      The above answer, whatever it is, assumes that no legally binding and enforceable contract or CBA says otherwise. If it does, then the terms of the contract or CBA apply.

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      • #4
        Is in my state, too. Don't imagine that it would be any different in California (and I don't say that very often).
        I don't respond to Private Messages unless the moderator specifically refers you to me for that purpose. Thank you.

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        • #5
          Unbelieveable

          That just seems so unfair (I know, life is unfair .
          Even the IRS only wants their share on the net amount.
          It takes away the desire to help yourself by starting a small side business.

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          • #6
            It isn't just home based businesses. ANY supplemental income would be treated the same way.

            I'm not unsympathetic to your situation, but it is what it is.
            The above answer, whatever it is, assumes that no legally binding and enforceable contract or CBA says otherwise. If it does, then the terms of the contract or CBA apply.

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