Wink Inc.
Enrolled Agents
America’s Tax Experts
®
Wink Tax Services
Wink Inc. Enrolled Agents | 2701 Troy Center Dr, Ste 430 |
Troy | Michigan | 48084 | Tel: 248-816-1220 | TF: 800-276-8319
| Text: 248-800-6013 |
Pandemic Unemployment Assistance (Act
Sec 2102)
The CARES Act includes provisions that extend and supplement
unemployment insurance and extend unemployment insurance
benefits to self-employed individuals.
• Covered Individuals (Act Sec 2102(a)(3)) - include those that
are not eligible for regular compensation or extended benefits
under State or Federal law or pandemic emergency
unemployment compensation, and provides self-certification that
the individual is able and available for work except for the fact
that:
1.
the individual has been diagnosed with COVID–19 or is
experiencing symptoms of COVID–19 and seeking a
medical diagnosis;
2.
a member of the individual’s household has been
diagnosed with COVID–19;
3.
the individual is providing care for a family member or a
member of the individual’s household who has been
diagnosed with COVID–19
4.
a child or other person in the household for which the
individual has primary caregiving responsibility is unable
to attend school or another facility that is closed as a
direct result of the COVID-19 public health emergency
and such school or facility care is required for the
individual to work;
5.
the individual is unable to reach the place of
employment because of a quarantine imposed as a
direct result of the COVID-19 public health emergency;
6.
the individual is unable to reach the place of
employment because the individual has been advised by
a health care provider to selfquarantine due to concerns
related to COVID–19;
7.
the individual was scheduled to commence employment
and does not have a job or is unable to reach the job as
a direct result of the COVID-19 public health emergency;
8.
the individual has become the breadwinner or major
support for a household because the head of the
household has died as a direct result of COVID–19;
9.
the individual has to quit his or her job as a direct result
of COVID–19;
10.
the individual’s place of employment is closed as a direct
result of the COVID–19 public health emergency; or
11.
the individual meets any additional criteria established
by the Secretary of Labor for unemployment assistance
under this section.
• Self-Employed Individual (Sec 2102(a)(3)(A)(ii)(II)) – Includes
self-employed individuals who are seeking part-time
employment, do not have sufficient work history, or otherwise
wouldn’t qualify for regular or extended unemployment benefits.
• Not Covered Is:
•
an individual who has the ability to telework with pay; or
•
an individual who is receiving paid sick leave or other
paid leave benefits regardless of whether the individual
meets any of the
•
qualifications described in 1 through 11 above.
• Benefits Are Available: January 27, 2020 through December
31, 2020 (Act Sec 2102(c)(1)(A))
• Benefits: $600 per week on top of whatever state benefits for
which the individual qualifies. (Act Sec 2104(b)(1)(B))
• Maximum Coverage: 39 Weeks – Federal benefits. (Sec
2102(c)(2)). Note: it is optional for states to continue to pay
state benefits
past the established period for the state. (Act Sec 2107)
• One-week Waiting Period Waived: (Act Sec 2105) Applies also
for railroad workers. (Act Sec 2112)
The benefits are applied for and paid through each state’s
employment development department.
Taxability: There is no provision in the CARES Act addressing the
taxation of the unemployment benefits received because of the
COVID-19 pandemic. They continue to be taxable for federal
purposes.
Please call us at (248) 816-1220 or 800-276-8319 to set up a free
consultation.
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