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Weekly Unemployment Benefit - Tax Withholding Info - (5/6/2020)
The Fund Office has received inquiries from members asking Tax withholding questions for the NEW Weekly Unemployment Benefit. To assist you in this endeavor, the Fund Office has composed a Tax Withholding Information notice regarding the Optional use of FORM W4.
Also some members are asking if the Weekly Unemployment Benefit is considered as wages/income when filing for State Unemployment benefits. Please note that Weekly Unemployment Benefits from the Welfare Fund is a welfare benefit which does not constitute a wage. The Plumbers Local Union No. 1 Welfare Fund is a Health and Welfare Fund exempt under the Internal Revenue Code Section 501 (c) (9). You are not employed by the Plumbers Local Union No. 1 Welfare Fund. Rather you are a recipient of benefits from the Welfare Fund
CLICK HERE for additional information.
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