Glossary
Unemployment Deduction
Due to the Federal Unemployment Tax Act or FUTA (what a terrible name.), employers are obligated to pay unemployment taxes to benefit their employees.
Individuals currently reaping the rewards of unemployment are not immune to taxes, and unemployment compensation is taxed as well, as this falls under one of the many federal tax compliancy requirements, lest you suffer the fate of Al Capone and end up in the stony lonesome for tax evasion.