My question involves unemployment benefits for the state of: Kentucy
I understand that all earnings must be reported while on unemployment but the question I have is???
Over the past several years I have always filed a extra income file on a side business while fileing my taxes each year. When the economy turned south I closed my side business to focus on my full time job but lost it anyway. Since I have been on unemployment I have been able to do some side service jobs that related to my old side business. Not knowing what the service jobs would turn into I have had to purchace some equipment to be able to do them. For example: If I have made around $2000.00 on side jobs while on unemployment, but have had to purchace $1900.00 in equipment, do I only report the $100.00 or do I have to report the $2000.00. I called the local unemployment office and was unable to get a good answer.