Can the 40% monetary penalty and interest be deducted from future unemployment benefits?
No, under Federal Unemployment Statute, the 40% penalty and interest cannot be offset through your unemployment benefits. Also, under Minnesota Law, if an applicant has a penalty or interest balance at the beginning of a week, he/she is ineligible to receive benefits and no payment would be authorized from which to offset the overpayment balance.
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- Can the 40% monetary penalty and interest be deducted from future unemployment benefits?
