Question :
Do I have to report my vacation pay/severance pay?
Answer :
Severance pay is fully deductible from Unemployment Insurance benefits and must be reported week for week. Vacation pay has separate rules. You should report all vacation pay during the first week; however, the information from the employer in excess of one week will be used. Vacation pay is 100 percent deductible for one or more weeks. The number of weeks affected is determined by information we receive from the employer. Holiday pay is deductible as wages in the week in which the holiday falls.

  Was this answer useful to you?
Yes No

< Back


Iowa Workforce Development
1000 East Grand Avenue
Des Moines, Iowa 50319-0209
Telephone: (515) 281-5387
For Deaf and Hard Of Hearing, Use Relay 711
Copyright -All Rights Reserved

An Equal Opportunity
Auxiliary aids and services are available upon request for individuals with disabilities.