0
Add your answer:
Earn +20 pts
Do day traders pay state taxes on their earnings?
If the state has income tax, the day traders will pay state income taxes on their earnings.
What are the require deductions in pay stub?
State and federal income taxes, FICA (Social Security), UI (Unemployment Insurance) and anything else your state requires.
do retirees pay state income taxes in Alabama?
No
If I'm retired do i have to pay state taxes?
Yes it is very possible that would have to pay some state income taxes when you report all of your gross worldwide income on the income tax return for the year.
Can you Claim state taxes on federal return?
Yes. And if you pay more in sales taxes than state income taxes, you can use that
Where do you pay state tax on unemployment compensation?
As each state, that collects income taxes, has different criteria, you need to check with your state's tax commission, or its equivalent. The unemployment taxes are subject to the IRS' income taxes.
What is the unemployment tax rate?
Unemployment funds the state pays unemployment benefits from comes from taxes or other means the state collects from the employerr. For income taxes the unemployed person must pay, it depends on the state which collects income taxes, if any, and the Federal government which excludes the first $2400 received in benefits, but as it is taxable, it is accumulated with all other income the person receives and the rate he pays depends on the income tax bracket he is in.
What do state income taxes not pay for?
State income taxes don't pay for road repair in other states.
Do NY pay federal taxes on unemployment?
Unemployment benefits are subject to federal income tax in every state. However, in 2009, the first $2400 per person is exempt from federal income tax.
Do day traders pay state taxes on their earnings?
If the state has income tax, the day traders will pay state income taxes on their earnings.
What are the require deductions in pay stub?
State and federal income taxes, FICA (Social Security), UI (Unemployment Insurance) and anything else your state requires.
How much will taxes be for your unemployment of 11000?
Unemployment Benefits are subject to federal taxation, as well as state taxation (depending on the state in which you live). Certain states exempt unemployment benefits from taxation, and there are states with no state taxation, regardless of the income source. The amount you will pay in taxes on $11,000.00 is dependent on factors such as your tax filing status, how many exemptions you claim on your taxes, and whether you will be filing the standard deduction or itemizing deductions.It would be impossible to determine how much your taxes would be on unemployment of $11,000.00 without knowing the state where you received the unemployment benefits, and other filing questions that will affect the amount of taxes you will have to pay. If this was all the income you received for the year, regardless of your filing status or state, you should only have to pay a minimum amount. However, if you found work and the $11,000 is only a small percentage of what you received for the year (adding in your employment income) the amount you pay may be much more. I suggest you contact a tax consultant.
do retirees pay state income taxes in Alabama?
No
If I'm retired do i have to pay state taxes?
Yes it is very possible that would have to pay some state income taxes when you report all of your gross worldwide income on the income tax return for the year.
If you live in Tennessee but worked in Kentucky which state do you file your unemployment in?
Kentucky supposed to pay your unemployment becasue they make you pay income tax.
Do you pay state taxes if you win North Carolina state lottery?
Yes you will have to pay state taxes to North Carolina after adding your lottery winnings to all of your other gross income on the state income tax return.
Do ca teachers pay state income taxes?
California teacher salaries are subject to the same state income taxes as any other salaries in the state of California.
