The amount of state tax withheld from a $38,000 income can vary significantly depending on the state you reside in, as each state has its own tax rates and brackets. Generally, state income tax rates can range from 0% to over 10%. To determine the specific amount withheld, you would need to consult your state's income tax rates or use a withholding calculator provided by your state's tax authority. Additionally, factors such as your filing status and deductions can also affect the final amount withheld.
Form W-2 is Wage and Tax Statement. It's an IRS form that employers are required to file for their employees. State income tax withheld is entered in Box 17-State Income Tax. Local income tax withheld is entered in Box 19-Local Income Tax.
Form W-2 is Wage and Tax Statement. It's an IRS form that employers are required to file for their employees. State income tax withheld is entered in Box 17-State Income Tax. Local income tax withheld is entered in Box 19-Local Income Tax.
If you live in a state that doesn't have state income tax, you typically do not pay state income tax, so there would be no state income tax withheld from your paychecks. As a result, you would not receive a refund at year-end because there would be no withholding to refund. However, if you mistakenly had state income tax withheld due to an error, you could file to reclaim that amount.
You cannot deduct withheld federal taxes on your federal income tax return. There are some states that allow the deduction of withheld federal taxes on the state income tax return.
Should be able to get a copy of the W-2 from your employer showing the amounts of income tax that were withheld. Or maybe your state income tax department Or maybe from the IRS.
The amount of state tax withheld from a 401k at age 62 will depend on the state in which you reside. Each state has its own tax laws and rates. It is best to consult with a tax professional or refer to your state's tax authority website for specific information on state tax withholding for 401k withdrawals.
Form W-2 is Wage and Tax Statement. It's an IRS form that employers are required to file for their employees. State income tax withheld is entered in Box 17-State Income Tax. Local income tax withheld is entered in Box 19-Local Income Tax.
Form W-2 is Wage and Tax Statement. It's an IRS form that employers are required to file for their employees. State income tax withheld is entered in Box 17-State Income Tax. Local income tax withheld is entered in Box 19-Local Income Tax.
If you live in a state that doesn't have state income tax, you typically do not pay state income tax, so there would be no state income tax withheld from your paychecks. As a result, you would not receive a refund at year-end because there would be no withholding to refund. However, if you mistakenly had state income tax withheld due to an error, you could file to reclaim that amount.
MA state tax will be witheld on all winnings from $600-$4999. Ma state tax + 25% federal is withheld on 5k and above.
You cannot deduct withheld federal taxes on your federal income tax return. There are some states that allow the deduction of withheld federal taxes on the state income tax return.
Should be able to get a copy of the W-2 from your employer showing the amounts of income tax that were withheld. Or maybe your state income tax department Or maybe from the IRS.
Social Security tax 6.2%, Medicare Tax 1.45%, Federal, State and/or Local state. Federal and State tax witholdings are withheld depend on number of exemptions that you put on your Form W-4.
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Your employer would be able to help you with this information about how much the NC state income tax withholding will be for the amount of pay that you earn. If you lived in Texas you wouldn't have to worry about that, plus there is no tax on groceries either.
150.00