Is it tax fraud to draw unemployment while still working? How? 4 Answers as of July 03, 2015

I have been drawing unemployment while working. What should I do? Is this tax fraud?

Ask a Local Attorney. 100% Anonymous. Free Answers.

Free Case Evaluation by a Local Lawyer: Click here
Ronald K. Nims LLC | Ronald K. Nims
No, unemployment compensation and wages are both taxable income and will both likely be reported. ?So you're ok as far as taxes. However, it IS unemployment fraud, if you haven't reported accurate information to the unemployment people. ?If you think it's tough getting a good job now, wait until you go looking for a job with a conviction for felony fraud on your record. ?Oh well, they say that you get free lunches when you work at a McDonalds.
Answer Applies to: Ohio
Replied: 7/3/2015
Irsfeld, Irsfeld & Younger LLP | Norman H. Green
This is not merely tax fraud; it is fraud and God only know what other crimes too.
Answer Applies to: California
Replied: 7/3/2015
Polsinelli Shughart PC | William B. Prugh
You will be taxed on the unemployment since it is reported to the IRS by the state. The fraud aspect of drawing U/E is more likely a violation of the state U/E laws if you are not eligible to receive it. The problem is almost certain to be discovered when the state compares your earnings records. I would stop drawing U/E and consult a professional advisor about how to handle payments already received.
Answer Applies to: Missouri
Replied: 7/2/2015
Tomas Ayuban
Tomas Ayuban | Tomas Ayuban
It is not tax fraud, but it is a crime. You should stop taking unemployment and contact an attorney immediately.
Answer Applies to: Florida
Replied: 7/2/2015
Click to View More Answers: