Questions about unemployment insurance and disaster relief?
The restaurant I am employed with has been closed for over a month now due to flooding. We were expecting it would be closed for two weeks, MAYBE, but it has turned out to be much longer.
My boss told those of us who work full time that we can file for unemployment insurance, as well as disaster relief. I was waitressing 6 days a week.
So, while I wait for the restaurant to re-open (which will hopefully be in the next few weeks) I have been selling some things that I can do without, babysitting for families as much as I can, and now just this week I have decided to file for unemployment and the disaster relief.
The unemployment is something that will effect the weeks from now until I am able to work at the restaurant again, and the disaster relief is back pay for this past month.
My questions:
Is unemployment or disaster relief something that I pay back, like a loan, or is it more like a "grant." - For lack of better metaphor?
Will this increase the taxes I pay month to month? I told them to take income tax out of the checks right away.
Will this affect my credit score?
Thank you for any info you can provide.
Tagged with: babysitting • boss • checks • credit score • disaster relief • full time • income tax • insurance • metaphor • unemployment insurance
Filed under: Disaster
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No, you will not have to pay back the unemployment. It is a type of insurance, which your employer pays the premium for. Its a system most states have to help people out between jobs. Since you are having the income taxes taken out of the checks, your income tax should be covered, so that should not be a problem either.
The people dispersing the disaster relief should provide details about paying it back, but usually that type of thing is not repayable.
Unless you fail to make payments on your bills, it should have absolutely no effect on your credit score.
not sure about the disaster relief…but you will have to pay taxes on your unemployment.
You may not get as much as you thought you were