You should get this information from your employer payroll department as they will be the one that would know how much FICA, federal income tax, state income, local taxes, etc they will have to withhold from your hourly pay or gross pay for the pay period.
You cannot deduct withheld federal taxes on your federal income tax return. There are some states that allow the deduction of withheld federal taxes on the state income tax return.
It will depend on where you reside as to what taxes are withheld. Federal Withholding taxes, FICA taxes, and Medicare taxes are the federal taxes that are withheld. Most people will also be effected by State taxes and some will even have to pay city or county income taxes along with the other taxes.
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Yes, you can choose to have taxes withheld or pay them back at tax time.
Yes that is correct when you claim married less income tax will be withheld from your gross wages. You do NOT have any taxes withheld from your net take home amount that is on your paycheck.
$1,538.46- BEFORE taxes are withheld. There are 52 weeks in a year, 26 bi-weekly pay periods. So divide 40,000 by 26.
Answer is YES! If you have taxes withheld from the UIB amount you still have to put the amount on your 1040 and add the withheld taxes to other withheld taxes.
NO/YES ... taxes are withheld form your unemployment benefits payments only ... that is if you told them to deduct any at all in which case you'll have to pay it out of pocket ... the IRS will garnish your pay check after a prolonged period of time in which you have not paid said taxes ... you will be notified of this before hand ...
what is used to determine the amount of federal taxes withheld from a paycheck
on my w-2 the line where i should have federal taxes withheld has $0.00 and I want to know why
If no ND taxes were withheld, file in Minnesota.
You cannot deduct withheld federal taxes on your federal income tax return. There are some states that allow the deduction of withheld federal taxes on the state income tax return.
Withheld taxes are used for several things. City taxes and state taxes are withheld from one's paycheck. Federal taxes are also withheld from your check. That amount depends on number of kids and if one is married. It also depends on if one is head of household.
It will depend on where you reside as to what taxes are withheld. Federal Withholding taxes, FICA taxes, and Medicare taxes are the federal taxes that are withheld. Most people will also be effected by State taxes and some will even have to pay city or county income taxes along with the other taxes.
you bet
On a typical paycheck in the United States, you will see income taxes withheld and Medicare/Medicaid/Social Security taxes withheld.
Not federal taxes. If you want federal taxes withheld, you have to specifically request it. Remember that in 2009, the first $2400 per person of unemployment benefits is not subject to federal tax.