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A locality tax is typically the city that you are working in charging its own income tax. Because it varies city to city, rather than state to state, it's not really feasible to list every single city that does it.
Typically, its larger metropolitan cities that do this though, like NYC.
What else can I help you with?
What is one activity that is not supported by America's Job Bank Website?
Applicants can calculate their tax withholdings
Do all states have income tax withholdings?
No, There are nine states that do not have a state income tax as of Dec. 2011 The nine states without income tax are the following: Alaska Florida Nevada New Hampshire South Dakota Tennessee Texas Washington Wyoming
What are withholdings?
Withholdings are funds that are deducted from an employees paycheck for taxes as well as for payment of benefits that the employee is responsible to pay. As far as withholdings of taxes, there is the employee share of Social Security and Medicare Taxes as well as the withholding of federal, state, and local income taxes. The withholdings are not payment of the income taxes but a payment toward whatever their income taxes might be. The employee will file a tax return after the end of the calendar year at which time the years withholdings will be prepayment of the tax owed on the return. If the withholdings are more that the tax is then the taxpayer will receive a refund but if the withholdings for income tax are not enough then there will be a balance due from the taxpayer that they have to pay.
Where does the money from tax go?
It depends on the locality. In many U.S. states, some of the money goes to education.
Can you increase tax withholdings to offset 401k contribution?
yes
All states have income tax withholdings?
NOT all state have a personal income tax. Seven states (Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming) do not tax personal income Information from the RETIREMENTLIVING com website TAXES BY STATE http://retirementliving.com/RLtaxes.html
Do all states require state tax forms?
States used to require tax forms. Many states are now offering online methods for filing your state taxes.
Which of these forms should be adjusted to change tax withholdings?
W-4
Where online can I find out which states require you to file a state tax return?
You can go to IRS.gov to find out which states require tax returns. TurboTax also offers this information.
What is one activity that is not supported by America's job website?
Applicants can calculate their tax withholdings
What is another name of withholdings?
Another name for withholdings is "payroll deductions." These are amounts deducted from an employee's paycheck for taxes, insurance, retirement contributions, or other benefits. Withholdings are typically required by law and are designed to prepay income tax and other obligations.
What is one activity is not supported by America's job bank website?
Applicants can calculate their tax withholdings
