341.395 Information to be given to individual filing new claim -- Deduction and
173 words·~1 min read·
/ky/341-395A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
withholding of income tax.
(1)An individual filing a new claim for unemployment compensation shall, at the time
of filing the claim, be advised that:
(a)Unemployment compensation is subject to federal and state income tax;
(b)Requirements exist pertaining to estimated tax payments;
(c)The individual may elect to have federal income tax deducted and withheld
from the individual's payment of unemployment compensation at the amount
specified in the Federal Internal Revenue Code; and
(d)The individual shall be permitted to change a previously elected withholding
status one
(1)time during the individual's benefit year.
(2)Amounts deducted and withheld from unemployment compensation shall remain in
the unemployment fund until transferred to the federal taxing authority as a payment
of income tax.
(3)The secretary shall follow all procedures specified by the United States Department
of Labor and the Federal Internal Revenue Service pertaining to the deducting and
withholding of income tax.
(4)Amounts shall be deducted and withheld in accordance with the priorities
established in administrative regulations promulgated by the secretary.