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For members of the working class, yes.
paulbenn
Logan Graham
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∙ 10y agono
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What is the main source of income for childcare centers?
The only source of income for childcare centers would be from their only source of income...clients.
Do you get credit on your fed income tax for ss and medicare removed from your pay?
No. However, if you have wages that have been subject to FICA withholding your do not have to pay self-employment tax. SE Tax is 15% on all self-employment income. The FICA withholding from wages is only 7-1/2 percent for you and the employer pays the other 7-1/2 percent.
Which payroll taxes are paid by the employer only?
Federal & State Income taxes
Can a person on a fixed income wages be garnished?
A person on fixed income wages can be garnished. The reason I know is because my friends father got his wages garnished because he borrowed to much money on his chase card. Her father has to pay back 35,000: that includes intrest. My advice is to not get a credit card and if you get a credit card, only use it for emergencies only because you do not want your wages garnished when you already have a fixed income.
Can an employer garnish wages for a debt owed to the employer?
No. Wages can only be garnished in very few situations and by the government-like for back child support. He would have to have a court order to garnish your wages for anything. else. The article below explains the instances in which wage garnishment is allowed more specifically.
Is an employer responsible for paying wages for an employee serving jury duty in Illinois?
Wages while on jury duty are up to the employer and are usually covered in the company's employee handbook, if one exists. The only requirement is that the employer allow the employee to serve jury duty and deploy no retaliation for time off.
Why would income from your domestic partner appear on your W-2 tax form?
No, not on your W-2 it wouldn't. His or her own salaries and wages will appear on your domestic partner's own W-2, not on yours. Even if you are married, your W-2 form only shows your own salaries and wages. One important exception is "imputed" medical benefits provided by your employer for your domestic partner. If your domestic partner is not your dependent, then you will likely need to pay federal income tax on the value of any medical insurance your employer provides to him or her.
What is the maximum percentage allowed for wage garnishment in Arkansas?
Nothing will be withheld from your paycheck because the paycheck is issued to you after all of the necessary taxes have been withheld from your gross earnings (wages).You should get this information from your employer payroll department as they will be the one that would know how much FICA, federal income tax, state income, local taxes, etc they will have to withhold from your hourly pay or gross pay for the pay period.After the withheld amount for all taxes is subtracted from your gross wages (earned income) your paycheck will issued for the net amount of your earning (wages).
Can you file your income taxes even i only made 400.00 on my state wages?
You can file a return no matter what your income level is if you have some reason to do so. With this amount of income you are not required to file but you can if you want to.
A creditor is attempting to garnish my wages. I was told that they can only take 25% of my disposable income, am I correct?
YES, YOU ARE CORRECT
How much would your income taxes be on 2000 per week and besides medicare and social sec would there be any other taxes taken out weekly?
You should get this information from your employer payroll department as they will be the one that would know how much FICA, federal income tax, state income, local taxes, etc that they will have to withhold from your hourly pay or gross pay for the pay period. After the withheld amount for all taxes is subtracted from your gross wages (earned income) your paycheck will be issued for the net amount of your earning (wages). You are the only one that has all of the necessary information that will have to be reported on your income tax return for the year in order to do the calculation for the numbers that you are looking for.
Why was the idea of income tax popular with the poor?
As they had little income they might not have any tax to pay at all.Note: in the 1940s if your only income was in wages all you needed to do to file your income taxes was to add the amounts of income listed on your W-2s on the back of one of W-2 and mail that W-2 into the IRS. They took it from there. You did not need a 1040 or any other forms. As usually only the rich had any investments or enough savings to have a taxable amount of interest, almost everyone needed no tax forms other than the W-2s their employer sent them to do their taxes.
