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An individual wage earner has the potential to receive unemployment compensation. Is it possible for the owner
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Author: Question by angel_rat_83: An individual wage earner has the potential to receive unemployment compensation. Is it possible for the owner
An individual wage earner has the potential to receive unemployment compensation. Is it possible for the owner of a small business to be eligible? How does one go about doing this? Thanks!
Best answer:
Answer by performancetool
Yes but you have to make yourself an employee of the business(giving yourself a paycheck).
What do you think? Answer below!
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No
Unemployment rules vary somewhat from state to state. The state I live in allows owners of small corps to draw unemployment for 6 or 7 weeks per year. Partners and sole prop. cannot draw benefits. Contact your local unemployment office to find out if you qualify.