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Old 10-25-2010, 09:35 AM
 
2 posts, read 11,716 times
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I'm unemployed and have a CD maturing, renewing it gives me less than 1%. My buddy and I are considering buying a home together and renting it out and hopefully get more than 1% return after all expenses. Will I have to report this rental income to NYS unemployment?
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Old 10-25-2010, 05:52 PM
 
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Rental income would be reported on your IRS tax form, which also would include unemployment. It would probably get "tagged" and be reported to unemployment.
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