THE VIRGINIAN-PILOT
Copyright (c) 1994, Landmark Communications, Inc.
DATE: Monday, July 4, 1994 TAG: 9406300009
SECTION: FRONT PAGE: A8 EDITION: FINAL
TYPE: Letter
LENGTH: Short : 30 lines
If you do not pay state taxes on your very little unemployment compensation during the time you are receiving it, beware! You will get a ``Form 760C'' from the state after you file your taxes and a bill stating ``You underestimated your tax for the year'' and you owe a penalty.
This is after you paid the state the money you owed at the end of the year.
The state wants blood from a rock! Here you are, unemployed; the money you receive from unemployment compensation doesn't even pay your rent, and the state wants you to pay taxes out of it. How greedy can the state get! As it is, it doesn't know how to budget what it already receives!
It should be the job of every employee at the state unemployment office to make each recipient aware that he must pay taxes on this money before a certain time to avoid any penalties - or is this another case of the left hand doesn't know or want to know what the right hand is doing?
SUSAN C. STARNES
Virginia Beach, June 20, 1994 by CNB