answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How are payroll taxes for an employer classified before the payment is made?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

What is salary in income tax?

Salary or Wage is the gross amount of your pay that you are paid for the time that you worked for your employer before any of the necessary deductions that the employer payroll department is required to withhold before issuing you a paycheck for your net take home.


How many taxes should be taken out of your paycheck?

Social Security and medicare insurance amount of 7.65% will be withheld from your gross pay plus the other amount the employer payroll department will be required to withhold from your gross pay before they issue you your NET take home paycheck for the pay period. Then you will also have other federal income tax amounts and other items that your employer payroll department will be required to withhold from your gross earnings. You should ask the employer payroll department for the amounts that they will have to withhold from your gross earnings.


How much federal tax is taken out of 2000 dollars?

You do not have a set percentage amount for this purpose. For the tax year 2010 the social security and medicare tax is withheld by your employer payroll department from your first dollar of your gross earnings at the 7.65% rate. The 7.65% amount is matched by your employer for a total of 15.3% contribution to the SSA insurance trustee. Then you will also have other federal income tax amounts and other items that your employer payroll department will be required to withhold from your gross earnings before you will be issued your NET TAKE HOME paycheck. You should ask the employer payroll department for the amounts that they will have to withhold from your gross earnings.


What is the gross pay if the annual is 15000.00?

Your employer payroll department would be the only ONE that can tell what your gross pay wages would have been before you received your net take home pay for the year.


WHAT IS the income tax taken your of 92000?

You could have some other amounts beside the taxes above that your employer payroll department would be required to calculate and withhold from your gross salary earnings before the payroll department would be able to issue you your net take home paychecks. You should ask the payroll department for some numbers because they would be the only one that would know all of the different amounts that they will be required to withhold.

Related questions

Should health insurance be deducted from paycheck before or after taxes?

Normally it is before...it is a non taxable fringe benefit. (MCCain wants to change that). My employer said it is not. I believe there is a scam that my employer is doing with our payroll checks.


What is salary in income tax?

Salary or Wage is the gross amount of your pay that you are paid for the time that you worked for your employer before any of the necessary deductions that the employer payroll department is required to withhold before issuing you a paycheck for your net take home.


Can you ask for a W-2 before the end of the year?

Yes, your employer's Payroll Dept. (check this with your Human Resources Dept.) will issue a W-2 upon request.


How many taxes should be taken out of your paycheck?

Social Security and medicare insurance amount of 7.65% will be withheld from your gross pay plus the other amount the employer payroll department will be required to withhold from your gross pay before they issue you your NET take home paycheck for the pay period. Then you will also have other federal income tax amounts and other items that your employer payroll department will be required to withhold from your gross earnings. You should ask the employer payroll department for the amounts that they will have to withhold from your gross earnings.


How much tax is taken out of 2000 dollars?

You do not have a set percentage amount for this purpose. For the tax year 2010 the social security and medicare tax is withheld by your employer payroll department from your first dollar of your gross earnings at the 7.65% rate. The 7.65% amount is matched by your employer for a total of 15.3% contribution to the SSA insurance trustee. Then you will also have other federal income tax amounts and other items that your employer payroll department will be required to withhold from your gross earnings before you will be issued your NET TAKE HOME paycheck. You should ask the employer payroll department for the amounts that they will have to withhold from your gross earnings.


How much federal tax is taken out of 2000 dollars?

You do not have a set percentage amount for this purpose. For the tax year 2010 the social security and medicare tax is withheld by your employer payroll department from your first dollar of your gross earnings at the 7.65% rate. The 7.65% amount is matched by your employer for a total of 15.3% contribution to the SSA insurance trustee. Then you will also have other federal income tax amounts and other items that your employer payroll department will be required to withhold from your gross earnings before you will be issued your NET TAKE HOME paycheck. You should ask the employer payroll department for the amounts that they will have to withhold from your gross earnings.


Do I need a certification before I add electronic payment processing to my business?

You normally don't need a certification to add electronic payment processing. Most of it is just done throught the bank and you can have a back up incase you did not make enough money for payroll.


Paperless Payroll?

form_title=Paperless Payroll form_header=Go green with paperless payroll! Have you ever used a paperless payroll system before?= () Yes () No How many people are on your payroll?=_ Approximately how much is your payroll costs per week?=_ What is the payroll schedule?=_


What is the gross pay if the annual is 15000.00?

Your employer payroll department would be the only ONE that can tell what your gross pay wages would have been before you received your net take home pay for the year.


You set up a payment plan with the IRS now they are garnishing more what do you do?

If you are on a payment plan, the IRS cannot garnish you. Call the IRS and verify that your payment plan is still in place. If it is, tell them that your employer has not received a Notice of Release of Levy and ask them to fax one to them. Get your employer's fax number before calling. If your payment plan is no longer in effect, you may be able to get them to reinstate right over the phone. The number for IRS Collections is 1-800-829-7650


WHAT IS the income tax taken your of 92000?

You could have some other amounts beside the taxes above that your employer payroll department would be required to calculate and withhold from your gross salary earnings before the payroll department would be able to issue you your net take home paychecks. You should ask the payroll department for some numbers because they would be the only one that would know all of the different amounts that they will be required to withhold.


With what versions of Windows is Check Mark payroll software compatible?

Check Mark payroll software is one of the most popular payroll programs out there. Check Mark payroll is compatible with windows 7 and before. They are constantly improving it to work with later versions.