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Employment Development Department
Employment Development Department

Total and Partial Unemployment TPU 460.16 - Reason for Decision

PROFIT SHARING

Enter Code Section shown below, issue DED, and Reason for Decision TP460.16 with the appropriate letter.

I. DISQUALIFICATION

A. Profit Sharing - Over $25.00 - Not XE (Section 1279)

Your profit sharing payment of ___________ from (Employer Name) is wages for the week(s) ending ____________. Therefore, you are not entitled to full weekly benefits.

B. Profit Sharing - XE (Section 1252)

Your profit sharing payment of _________ from (Employer Name) is wages for the week(s) ending ____________.

II. ELIGIBLE

AA. Profit Sharing (Section 1252)

You state the claimant may not be eligible for benefits because he/she received a profit sharing payment of ___________. Profit Sharing payments are considered to be additional compensation for personal services. The receipt of this payment does not affect the claimant’s eligibility for unemployment benefits.

BB. Other Payments - Considered To Be Profit Sharing (Section 1252)

You state the claimant received a payment of ___________ at termination. Available information indicates this was a profit sharing payment and is considered to be additional compensation for personal services. The receipt of this payment does not affect the claimant’s eligibility for unemployment benefits.