Weekly Unemployment Benefit - Tax Withholding Info
Wednesday, May 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
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