What Counts as Self-Employment for Unemployment?

Self-employment for unemployment is when a person works for him or herself through a company and is responsible for paying their own taxes.  These jobs do not have taxes taken out, however, they do pay into unemployment compensation each month.

If you are self-employed, you are responsible for all of your financial earnings. A person who is self-employed typically does not qualify for unemployment compensation because they did not pay into unemployment while working. However, if you are self-employed through a company that takes a percentage of your money out for tax purposes, you can qualify for payments through unemployment, if certain standards are met.

To be eligible for self-employed through unemployment, you must put money aside from your earnings and pay into your unemployment compensation each month. This is assuming you do not work for a company that is already deducting this tax from your pay. You cannot collect from unemployment if you are receiving revenue from your current job. However, if you should loose all incoming revenue, and your job completely, paying into your unemployment compensation will assure you that you will receive unemployment money.

There are many different jobs that are considered to be self-employment. These jobs include; private businesses, freelance work, door to door selling, writing and many other careers. Any type of job that requires you to pay your own taxes is considered self-employment. You must pay your taxes at the end of each year, because even self-employed wages are on record and failure to do so can result in a great amount of trouble for you or the company you work for.