As an owner/member of an LLC, can I collect unemployment if I was to lose my day time job?
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As an owner/member of an LLC, can I collect unemployment if I was to lose my day time job?
Asked on October 16, 2012 under Employment Labor Law, Massachusetts
Answers:
MD, Member, California Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Your form will need to include any income you derive from your LLC. If there is little to no income, then you will be probably fine to collect unemployment. However, be prepared to argue if the matter needs to be appealed that your full time job is what you lost and that represents the majority of your income.
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