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What type of tax is imposed on the wages earned by an individual or corporation?
Income tax
Which type of tax is imposed on the wages earned by an individual or corporation?
(income tax)
What is the tax paid on interest earned called?
wages or intrest
Which of these terms forms lists the amount of medicare taxes that were paid during the year?
You can find the amount that you paid in Medicare tax on your W-2 form that you receive at January of the following year. The amount of Wages the tax was based on is listed in Box 5 and the tax paid is in Box 6. Medicare tax is imposed upon all wages paid to an employee. Social Security Tax is limited to the first $110,100 for 2012 and $113,700 in 2013. The Medicare tax is imposed on all wages earned.
The tax that take a percentage of what someone earns is known?
An income tax =)
What type of tax is imposed on the wages earned by an individual or corporation?
Income tax
Which type of tax is imposed on the wages earned by an individual or corporation?
(income tax)
What is the tax paid on interest earned called?
wages or intrest
Which of these terms forms lists the amount of medicare taxes that were paid during the year?
You can find the amount that you paid in Medicare tax on your W-2 form that you receive at January of the following year. The amount of Wages the tax was based on is listed in Box 5 and the tax paid is in Box 6. Medicare tax is imposed upon all wages paid to an employee. Social Security Tax is limited to the first $110,100 for 2012 and $113,700 in 2013. The Medicare tax is imposed on all wages earned.
What is the money paid to the government by an individual?
Sales tax
Can IRS file a tax lien at the same time garnishing the wages?
Yes, they can place a tax lien at the same time. That helps guarantee that they get paid.
What was the average federal income tax per person collected in US in 2006?
What is the average taxes paid by the average tax payer? also What is the average wages paid to Federal employees? How many average taxes payers, taxes, it takes to pay the wages of one Fed. employee?
What is tax deferred wages?
Tax-deferred wages is a reference to income of which there is no tax withholding. The taxes on the wages will be deferred until the end of the year.
What has the author Deborah A Lasher written?
Deborah A. Lasher has written: 'Individual income tax paid in 1979 by residents and nonresidents and by filing status' -- subject(s): Income tax 'Individual income tax paid in 1977 and 1978 by residents and nonresidents' -- subject(s): Income tax 'Residential fuel, residential fuel conservation, and individual income tax credits claimed in 1979' -- subject(s): Income tax, Tax credits
A federal unemployment tax is levied on?
Federal Unemployment tax (FUTA) is levied on the employer at 6.2% of wages paid up to $7000 per employee per year.
Is social security a regressive or proportional tax?
Social Security Taxes are a Proportional Tax. A Percentage of a person's income is paid to Social Security, this is half of the total amount paid to them, the Other half of a person's Social Security Tax is paid by the Employer.
Is Medicare tax a progressive tax?
It is not a progressive tax. It is a flat 1.45% for employees at all wages. The employer also must pay 1.45% for their employees for a total of 2.9% of wages per individual. Self employed income is under slightly different rules but it is still not progressive for them.
