Because the other taxpayer on the MFJ income tax return had more income tax withheld from the pay than what the federal income tax liability was when the income tax return was completed.
It depends on what your state's unemployment rate is and what Federal laws are passed to help the unemployed.
FUTA is a Federal Unemployment Tax Act it collects money for the currently unemployed or laid off people.
The federal government should implement employment creation policies like road and bridge construction. Also, the government should have unemployment funds and food stamps available for people who are unemployed.
Yes, it was because it provides financial help to the unemployed. At this day in age (with the unemployment rate at 9%), we need all the help w can get.
Yes it is possible that you could be unemployed and still be required to file a 1040 federal income tax return and pay some income taxes. If you are receiving unemployment compensation and have any other sources of worldwide gross income that you would have to report on your correctly filed federal 1040 income tax return.
An employer is responsible for paying unemployment insurance through taxes in North Carolina. Employers pay at both a state and federal level for this type of coverage on their employee.
None. Federal Unemployment tax (940) is an employer-paid tax.
It is a form that needs to be filled in by a company every year. It reports the business's federal unemployment taxes pursuant to the Federal Unemployment Tax act.
the unemployed
The states are the only ones who administer unemployment compensation. Federal unemployment, besides extending unemployment benefits after the state's 26 weeks expire, also pertains to federal employee who lost their jobs, and that also is administered by the states as in any other case of employer being responsible.
According to the Federal Government (in the Related Link below) as of February 2010 there were 14.9 million unemployed, or 9.7% of the available work force. This figure is understated by the number not seeking unemployment benefits, who have given up looking for jobs, newly entered in the work force (i.e. graduated students, etc.), the retired, etc.
The Hanscon Federal Credit Union is a federal credit union for small buisnesses and vendors. They are federally insured up to at least two hundred and fifty thousand dollars.