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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
What else can I help you with?
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.
What states have both federal and state income tax?
All states have federal income tax. The only states with no state income tax are Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming.
What is a payroll withholding statement?
The summary statement attached to a paycheck that summarizes income, tax withholdings, and other deductions.
What are the taxes taken out of your total pay?
The taxes taken out of your total pay typically include federal income tax, state income tax (if applicable), Social Security tax, and Medicare tax. Federal income tax is based on your earnings and filing status, while state income tax varies by state. Social Security tax is generally a flat percentage of your income, and Medicare tax is also a percentage, but applies to all earnings without a cap. Additional deductions may include local taxes, unemployment insurance, and other withholdings depending on your location and employer.
Who can tax income without apportionment among states?
Congress can tax income without apportionment among states
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.
What states have both federal and state income tax?
All states have federal income tax. The only states with no state income tax are Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming.
What is a payroll withholding statement?
The summary statement attached to a paycheck that summarizes income, tax withholdings, and other deductions.
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 does it mean Retenciones e ingresos a cuenta del impuesto sobre la renta?
Withholdings and payments on account of income tax?
What states have no income or sales tax?
well Florida has no income tax
What is one activity that is not supported by America's Job Bank Website?
Applicants can calculate their tax withholdings
Which states require Withholding taxes for out of state workers?
All of the states that have a personal income tax.
What are the taxes taken out of your total pay?
The taxes taken out of your total pay typically include federal income tax, state income tax (if applicable), Social Security tax, and Medicare tax. Federal income tax is based on your earnings and filing status, while state income tax varies by state. Social Security tax is generally a flat percentage of your income, and Medicare tax is also a percentage, but applies to all earnings without a cap. Additional deductions may include local taxes, unemployment insurance, and other withholdings depending on your location and employer.
Is it true that all US states have state income tax?
yes it is true
Who can tax income without apportionment among states?
Congress can tax income without apportionment among states
