Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

This answer was rated:

I am a pro photographer (30yrs) and have an S corp. Work has…

Good morning, I am...

Good morning, I am a pro photographer (30yrs) and have an S corp. Work has stopped or has slowed down to where I am changing things. I have been looking for a full time job. I applied for Unemployment assistance but have been declined because I am an officer of a corp. I am going to apply for a appeal. is there something I can do or say that will swing help my way? thx, s

Show More
Show Less
Ask Your Own Tax Question
Customer reply replied 29 days ago
I'm in Mass
Answered in 20 minutes by:
3/26/2018
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 32,708
Experience: Taxes, Immigration, Labor Relations
Verified

The IRS requires that shareholders who work for S corporations, even if the shareholder is the only owner or worker, are considered employees for purposes of the Federal Unemployment Tax Act.

Therefore the S corporation must pay unemployment insurance tax on his behalf.

Theoretically, because unemployment insurance was paid on your behalf, you can apply for unemployment.

Practically - for you to be eligible for unemployment - you should satisfy the test to be "actively seeking work."

In several cases owners of S corporations who keep the S-corporation viable are NOT considered as actively seeking work even there no revenue.

In other words, to collect unemployment, you will have to prove to the state that the S corporation is no longer exists and you are conducting a job search.

Let me know if that helps.

Ask Your Own Tax Question
Customer reply replied 29 days ago
Thank you for your input & response!
I am in the process of asking my accountant & attorney as well. Thank you for giving me feedback first!

Please be aware that different states take different approach on the issue.

But all are basically moving to the same direction.

So far - in your application - you will need to state that you are actively seeking employment.

And the fact of dissolving your S-corportaion will be a good supporting evidence to support such position.

Ask Your Own Tax Question
Customer reply replied 29 days ago
Thank you ��

I appreciate if you take a moment to rate the answer.

Experts are ONLY credited when answers are rated positively.

Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 32,708
Experience: Taxes, Immigration, Labor Relations
Verified
Lev and 87 other Tax Specialists are ready to help you
Ask your own question now
Was this answer helpful?
Ask Lev Your Own Question
Lev
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 32,708
32,708 Satisfied Customers
Experience: Taxes, Immigration, Labor Relations

Lev is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,451 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

56 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,124 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Related Tax Questions
I recently filed both federal and state taxes but received a
I recently filed both federal and state taxes but received a 1099s from a one time real estate transaction ( sold my primary residence) … read more
abci168
abci168
Principal
27 satisfied customers
In Louisiana, what would be the Federal and State capital
In Louisiana, what would be the Federal and State capital gains taxes on land bought in the 1970's for $1,400 and sold in 2018 for $65,000? Based on annual income of $65,000 on a married, joint filing… read more
Chad EA, CFP ®
Chad EA, CFP ®
IRS Enrolled Agent, CFP(R),
Master\u0027s Degree
2,067 satisfied customers
I filed my state and federal taxes electronically and then
I filed my state and federal taxes electronically and then realized that I accidentally omitted something that significantly changes my refund from the federal and my payment to the state. I need to f… read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,943 satisfied customers
On line 17, Form 1120 ,C Corp Federal Tax return are state
On line 17, Form 1120 ,C Corp Federal Tax return are state corporate income taxes deductible.If I am doing my Federal C Corp returns for 2017 are the state corporate income taxes due but not paid yet … read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,943 satisfied customers
State and federal tax question. My wife creates jewelry at
State and federal tax question. My wife creates jewelry at home to sell. She sells it online and to the general public. She sells it to individuals and at events. She does pay N.C. state tax quarterly… read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,943 satisfied customers
I would like to have federal and state taxes taken out of my
I would like to have federal and state taxes taken out of my monthly retirement social security checks moving forward from today. How do I go about changing that ? … read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,943 satisfied customers
I owe the Federal and State taxes that I cannot pay all at
I owe the Federal and State taxes that I cannot pay all at once. What is mu alternative? … read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,943 satisfied customers
Owe 9600 state tax, and 23000 federal. Only have 10000.
Owe 9600 state tax, and 23000 federal. Only have 10000. Should i pay off state, and try to get a payment plan with federal. Would really appreciate your advice asap. Thank u … read more
taxmanrog
taxmanrog
Master\u0027s Degree
905 satisfied customers
How do i determine the taxes [state, federal, etc] i need to
hi, how do i determine the taxes [state, federal, etc] i need to pay as an independent contractor? … read more
Lev
Lev
Tax Advisor
32,708 satisfied customers
What are the irs tax es on inherited estates in the state of
What are the irs tax es on inherited estates in the state of Ohio? My question is If I sold a property I inherited and received a total of 275,000.00 for my share of the property would I be subject to… read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,943 satisfied customers
I used Turbo Tax to prepare my federal and state tax
I used Turbo Tax to prepare my federal and state tax returns. I specified to e-file both. I found out later that neither were filed. WHY? my printer doesn't work so can't print my returns. How do I ge… read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,943 satisfied customers
IN DOING MY 2017 FEDERAL & STATE OF COLORADO INCOME TAX
IN DOING MY 2017 FEDERAL & STATE OF COLORADO INCOME TAX RETURNS, I DISCOVERED THAT I HAD OMITTED FORM SSA-1099 INCOME FOR THE YEARS 2014, 2015, AND 2016. Do I need to file amended income tax forms for… read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor\u0027s Degree
1 satisfied customers
Federal and California state taxes: Yet another "Do I Need
Federal and California state taxes: Yet another "Do I Need To File" questionMy wife and I receive Social Security benefits totaling a bit more than $35K annually, and in the past we have not needed to… read more
Lev
Lev
Tax Advisor
32,708 satisfied customers
What are the different federal and state tax brackets for
What are the different federal and state tax brackets for someone on social security and receiving some rental income?… read more
Lev
Lev
Tax Advisor
32,708 satisfied customers
I entered the federal tax withholding as my state tax
I entered the federal tax withholding as my state tax withholding. I discovered my error after I received my refund check. I actually owe $178. How do I send back the refund money? … read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,943 satisfied customers
TAXES: Taxpayer owes Federal and State taxes for previous
TAXES: Taxpayer owes Federal and State taxes for previous years and has established a re-payment plan with both agencies. Can the taxpayer claim the taxes paid to the State of Maryland on his Federal … read more
Carter McBride
Carter McBride
LLM
967 satisfied customers
Are there any tax implications either state or federal for a
Hello are there any tax implications either state or federal for a family member giving another family member a loan. Are there any documents that need to be in order besides a contract?… read more
Chad EA, CFP ®
Chad EA, CFP ®
IRS Enrolled Agent, CFP(R),
Master\u0027s Degree
2,067 satisfied customers
What would the federal and state tax rate percentages be for
What would the federal and state tax rate percentages be for a $7700 IRA early withdrawal in Ohio?… read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,943 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x