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How much federal tax is withheld from 1138 while claiming 1 dependent?
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∙ 14y ago
Your employer payroll department should be able to help you with this information.
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∙ 14y ago
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What is Form 945 used for in the IRS?
Form 945 is Annual Return of Withheld Federal Income Tax. Form 945 is an information tax return that reports certain tax payments. It's used to report withheld federal income tax from nonpayroll payments. Nonpayroll payments include: One, pensions/annuities/IRA distributions; Two, military retirement; Three, gambling winnings; Four, Indian gaming profits; Five, voluntary withholding on certain government payments; Six, backup withholding. If you have questions while filling out Form 945, call the IRS Business and Specialty Tax Line at 1-800-829-4933.
How to Obtain Tax Credits?
One financial responsibility that all people in the country have is to pay their federal tax liability each year. While federal taxes can be very high for some people, the tax code provides tax payers with access to a variety of tax credits and deductions which could help save thousands of dollars each year for each tax payer. One of the most common tax credits that people take advantage of are child care tax credits. Each parent who has a child, which is claimed as a dependent, has the right to claim the child on their tax return. Claiming this child will result in a sizable tax credit which will be refunded directly to the tax payer when they file.
What percentage of amount will be deducted if do not take leave while claiming LTA?
Full If you were not on leave when the travel happened, you cannot claim LTA Tax benefits. The full amount will be taxable
How much money is taken out of your paycheck for taxes if you're single and in Florida?
There are several different prescribed and allowed methods for calculating withholding...projecting an annualization of the income for example. The withholding rate applied then depends on that calculation, and your specific claimed deductions/exemptions, etc., as well as other factors that may be effected by your State or even City or employment. (As well as what you consider taxes...many things, like unemployment, FICA, etc while deducted from you pay are considered whatever just according to your personal definition).The amount you will ultimately pay doesn't change by how much is withheld....and you can determine and direct how much is to be withheld. (But, if you don't have enough withheld, you may become subject to an underpayment penalty and interest).You should talk to the payroll area and they can tell you exactly how and why it is calculated as it is. You may want/need more or less withheld and they can (must) accomadate.
What percentage of a paycheck is taken out for federal tax in Arizona?
Arizona state income tax along with a federal tax is usually withheld from your paycheck as you receive it each pay cycle. While the federal income tax rates are set for each income bracket, AZ state income tax rates do not necessarily align with the federal figures. The variable income tax rate for Arizona is determined by AZ state tax legislation. How much income tax that is withheld from your paycheck depends on which tax bracket you fall under. In general the more you make, the more you will be taxed.How Arizona State income tax rates are structuredThere are 5 income tax brackets for Arizona.If your income range is between $0 and $10,000, your tax rate on every dollar of income earned is 2.59%.If your income range is between $10,001 and $25,000, your tax rate on every dollar of income earned is2.88%.If your income range is between $25,001 and $50,000, your tax rate on every dollar of income earned is3.36%.If your income range is between $50,001 and $150,000, your tax rate on every dollar of income earned is4.24%.If your income range is $150,001 and over, your tax rate on every dollar of income earned is 4.54%.Income tax brackets data last updated March 3rd, 2009.
Do the US Mexico and Canada have the same government?
No. Mexico and the United States are federal presidential representative republics, while Canada is a federal parliamentary monarchy, dependent on the British Crown.
How do you go from being in a maximum security federal prison to a medium security prison in federal prison?
It would be most dependent on your past record, the nature of the offense you were convicted of, and your behavior while in max.
If you are claiming benefits from Oregon can you move to Washington still receive your benefits while living there?
no
Can you lose your home in an Ohio chapter 7 bankruptcy?
Yes, you may. Bankruptcy is a FEDERAL law and pursued in a FEDERAL court...the State makes some, but minor differences. While BK may delay foreclosure for a short while, ANYPLACE, basically you pay for the house or lose it..the mortgage will NOT be forgiven, nor will you beable to keep a valuable piece of property (or equity in one) and not pay other debts you owe claiming you have no means to.
Independent vs dependent variables?
Free from outside control means Independent . While dependent Is opposite.
While searching for riches and claiming land the European explorers?
disregarded the rights of the American Indians
Is there any similaritie between dependent clause and sentence?
A dependent clause is similar to a sentence because they are both made of words. And the difference: The Dependent Clause is unfinished while a sentence is.
What is the differences between the light dependent reactions?
The Calvin cycle occurs at any time of the day, while the light dependent reactions require light. The calvin cycle produces glucose, while the light dependent reactions produce oxygen, ATP, and NADPH. The calvin cycle occurs because of the products of the light dependent reactions.
How does Social Security work question by Goldhill Associates?
The program is based on contributions that workers make into the system. While you're employed, you pay into Social Security; you receive benefits later on, when it's your turn to retire. Contributions take the form of the Federal Insurance Contributions Act (FICA) taxes that are withheld from most paychecks.
Is a 18 year old still considered a dependent?
In the United States, an 18-year-old can still be claimed as a dependent on their parents' tax return if they meet the criteria for a qualifying child, which includes factors like age, residency, and financial support. However, the rules for claiming dependents can vary by country and individual circumstances, so it's best to consult a tax professional for personalized advice.
Can you get your confiscated passport while in federal prison?
No.
The relationship between dependent variable and independent variable?
A dependent variable depends on the other factors while an independent variable does not depend on the other factors.
