Below is information about CORPORATE OFFICERS COLLECTING UNEMPLOYMENT from a variety of sources. Please take a look at the materials that our team has selected for you.
https://esd.wa.gov/unemployment/corporate-officers
Unemployment benefits for corporate officers Starting the first quarter of 2014, corporate officers of for-profit corporations earning wages in Washington state are exempt from unemployment-insurance coverage unless the corporations voluntarily choose to insure its corporate officers and the Employment Security Department approves the request.
https://dol.ny.gov/unemployment-insurance-and-corporate-officers
An officer of an ongoing corporation may be considered employed for NYS unemployment insurance purposes and may not be eligible for unemployment insurance benefits, even during a period in which, because of a temporary suspension of operations, the person performs no services and receives no remuneration.
https://bizfluent.com/info-12119646-can-officer-s-corporation-collect-unemployment.html
Officers of the corporation receiving paychecks for services are under the same federal rules for taxation as other traditional employees. This may allow S corporation officers to receive unemployment benefits depending on the manner of officer terminations. COVID-19 (Coronavirus) update:
https://www.myunemployment.nj.gov/before/about/who/corpbusiness.shtml
If you are an officer of a corporation, or you own more than a 5 percent equitable or debt interest in the corporation, and your unemployment claim is based on wages with the corporation, you will not be considered unemployed during your term of office or ownership. Your claim will not be valid and you will not receive benefits.
https://esd.wa.gov/employer-taxes/corporate-officers-FAQ
If your corporate officers are covered for unemployment benefits, you must report them as employees and pay state unemployment taxes on their wages each quarter. They may be eligible for unemployment benefits if they lose their jobs. See question 41 for limitations on corporate-officer unemployment benefits.
https://www.expertlaw.com/forums/showthread.php?t=107925
No, The EDD does not like - nor do they recognize the legally seperate entities of a corporate officer and employee of the s-corporation. As employee of the corporation I am legally required to pay into unemployment benefits - but they're saying I cannot collect it !
https://www.quora.com/Can-an-officer-of-an-S-Corp-in-CA-collect-unemployment-in-CA
Can an S-Corp owner collect unemployment? If the S-Corp owner has been paying his or her self a W-2 wage as required by the IRS and has been paying state and federal unemployment taxes on those wages, then you should be able to apply for unemployment. If the S-corp still has earnings after the layoffs; however, you may not qualify.
https://edd.ca.gov/en/uibdg/total_and_partial_unemployment_tpu_110/
If an individual who is director of a corporation files a claim for unemployment insurance benefits and lists as last employer the corporation on which he served as a director, this would not be the last employer for purposes of filing a claim unless the individual also performed services as an officer or employee of the corporation.
https://support.businessasap.com/article/410-s-corporation-shareholders-unemployment
Yes. Corporate officers are considered to be employees of the corporation and their wages are chargeable along with any other remuneration in lieu of wages such as dividends ("S" corporation only), bonuses, draws, or distributions. In another FAQ answer, CDLE further explains the reasoning for corporation officers to pay UI premiums:
https://www.uc.pa.gov/unemployment-benefits/Am-I-Eligible/benefit-eligibility/Pages/Miscellaneous.aspx
Therefore, $20,280.00 is subtracted from $42,000 equaling $21,720, which is the amount of the claimant's severance pay that is deductible. The claimant was earning $1,200 a week at the time of his separation. Accordingly, the deductible amount of severance pay is allocated at $1,200 per week to the first 18 weeks the claimant is unemployed.
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