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What is the 2008 California non-resident withholding tax percentage?
It is 7%
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Depends on the city/county. Most are 7.75-8.25.
income tax withheld from each paycheck and sent to the state or federal gov't Employer deductions from employees' earnings to pay employees' taxes.
When a person, such as an employer, makes payments to another person, they must withhold and then pay a specified percentage of this payment to the Internal Revenue Service (I…RS). This is called backup withholding . These payments have conditions set by the IRS, and there are many variables regarding what type of payments backup withholding can apply to.. Backup withholding payments can apply to most payments that are reported on an IRS Form 1099. These can include interest payments and payments by brokers, as well as royalty payments. Other payments may include dividends, patronage dividends if at least half the payment is in money, rents, and profits. Commissions, fees, or payments for work undertaken as an independent contractor may also be liable to backup withholding.
THIS QUESTION HAS BEEN ASKED AND ANSWERED MANY, MANY TIMES AND IS PART OF THE DATABASE. (As a courtesy one is linked here as a "related question"). CORRECTLY USING …THE SYSTEM WILL PROVIDE THE ANSWER WITHOUT ANY DELAY, (or requiring inconvenience or action by anyone else).
I live in Ohio. How do I get my unemployment tax withholding information so I can file my 2008 taxes?
Doesn't matter where you live, the information is on your W-2. However, it isn't withholding, its a premium payment. More however, it really doesn't make any differe…nce to your Federal return. If your not an employee and on a 1099 you don't have UI coveage and paid nothing. You need your W-2 or 1099s to file for many other reasons.
Up tot he full amount of any payment you receive from the Gov't. Law now is the Gov't won't pay people (or Cos) who owe them money. Sort of makes sense.
Withholding taxes are taxes that are subtracted from a payment by a third party before you receive the payment. Examples of this are: your employer takes taxes out of your pay…check before giving you your pay only only gives you what is left of your pay. Or a casino subtracts taxes from a jackpot you won and only gives you what is left. Non-withholding taxes are taxes you have to pay yourself directly to the government. Examples are a check you send with your Form 1040 or a payment you send when you get your real estate tax bill. Remember that withholding taxes do not represent the actual amount of tax you owe. They are just a crude estimate of what you actually owe. The actual amount owed is calculated when you fill out your Form 1040 at the end of the year. Most people do not properly fill out Form W-4 that they give to their employer and so pay much more withholding tax than they need to. Then at the end of the year when they fill out their Form 1040, they get a refund.
You can use the following calculator to determine how much tax will be deducted from your paycheck: http://www.paycheckcity.com/NetPayCalc/netpaycalculator.asp Remember th…at the amount of income tax deducted depends on how you fill out Form W-4 that you give to your employer. It is not the real amount of tax you owe. The real amount is calculated when you fill out your tax return at the end of the year. When you fill out and file your tax return, you will get a refund if too much was deducted or you will pay more if not enough was deducted.
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It depends on how much you make. CA state tax brackets range from 1% (for those making less than about $7000 per year) up to 10.3% (for those making over a million dollars per… year).
California has a population of about 38,000,000. About 12% of the population of the USA is in California. About 0.5% of the world's population is in California.
The current total local sales tax rate in Beverly Hills, CA is 9.0%
All tax the is withheld from your paycheck is based on your gross income for the pay period. The percentage for FICA for the employee is 6.2% and for Medicare tax is 1.45% of …your gross income. Now the State and Federal Income tax withheld is based on your gross income but is not just a percentage. There are tax tables that give the amount to be withheld and it takes into account the filing status of the employee and the number of exemptions he/she claims on their W-4 form. The employee can also have additional flat amounts withheld in addition to the tax table amounts. The taxpayer can also claim exempt from Federal and/or State withholding if they did not owe any tax in the previous year and do not expect to have any tax due in the current year. The employee is completely responsible for these actions. The employer matches the FICA and Medicare Taxes that are withheld from the paycheck, so in effect the employer and employee each pay half of these taxes.