Unemployment benefits for the Realtor?
May 11, 2011 8:45 AM Subscribe
What happens to my Illinois Unemployment benefits once I get my first commission as a Realtor? Am I SOL?
posted by anonymous to Work & Money (6 answers total) 2 users marked this as a favorite
I have been collecting unemployment benefits for about a month now. In that time I have been "working" as an independent contractor as a Realtor for a small Realty a friend runs.
In about a week my first sale will close. Once I get my commission I assume I should report that as wages with the IDES (Illinois Department of Employment Security).
Once I get this money, anytime you report wages, IDES ends your unemployment.
If I am "employed" but not an employee, when I file again, how do I describe my lack of work, I wasn't laid off from a non-paid commission based job, I'm just not making money.
Commissions will probably be occasional, so I am in trouble if I can't in the short term continue to collect unemployment, but I don't want to do anything fraudulent. I've tried to contact IDES but no one EVER EVER answers the phone or responds and I've found little beyond conjecture online to answer this question.
If I don't report it, I am committing fraud, which I don't want to do of course. If I do, I fear I'm going to preclude myself from filing further claims for unemployment.
What do independent sales people, particularly those starting out, do in these circumstances.
Any wisdom you can offer would be much appreciated.