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What else can I help you with?
Why is it called a gross paycheck?
It is your paycheck before any deductions, taxes or benefits are taken out. Simply how many hours you work multiplied by your hourly rate.
Should I include work study in my taxes?
Yes, you should include work study income in your taxes as it is considered taxable income by the IRS.
Do work study students have to file taxes?
Yes, work-study students are required to file taxes if their income meets the minimum threshold set by the IRS.
Do you pay taxes on work study?
Yes, work-study earnings are generally considered taxable income and may be subject to federal and state income taxes.
Do work study jobs get taxed?
Yes, work-study jobs are subject to federal and state income taxes, just like any other form of employment.
I don't live in Louisiana should they take state taxes form my paycheck?
If you work or make income there yes.
Why is it called a gross paycheck?
It is your paycheck before any deductions, taxes or benefits are taken out. Simply how many hours you work multiplied by your hourly rate.
Do high school students have taxes taken out of paycheck?
Taxes are taken out of a paycheck depending on a formula issued by the internal revenue service. It depends on the size of the paycheck. Being in high school has nothing to do with it. Frequently, high school students work for brief periods of time so they will have most or al of their taxes refunded when they fill out a return.
Should I include work study in my taxes?
Yes, you should include work study income in your taxes as it is considered taxable income by the IRS.
Who pays the police?
the city in which they work in. Essentially it is the taxes from a paycheck or the taxes from a local store that are charged to each individual that make up the majority of their pay.
Who do work study students receive a paycheck from?
Work-study students receive a paycheck from their participating educational institution, typically funded through a federal or state work-study program. Their earnings are based on the hours worked and the pay rate established by the school. The funds help cover educational expenses while providing valuable work experience.
Do work study students have to file taxes?
Yes, work-study students are required to file taxes if their income meets the minimum threshold set by the IRS.
Do you pay taxes on work study?
Yes, work-study earnings are generally considered taxable income and may be subject to federal and state income taxes.
If you are a minor do you get federal taxes taken out of your paycheck?
Yes. At the same rates as anybody else. (There are some special treatments for children who work as household employees or who work for their own parents.) Of course, if you paycheck is very small and you fill out your W-4 properly, you may not have income taxes taken out because of the size of your check, not because of your age. You would still have Social Security and Medicare taxes taken out.
Can a work study claim taxes?
Yes, work-study earnings are considered taxable income. Students receiving work-study funds must report this income when filing their taxes, just like any other wages. Additionally, employers are required to withhold federal income taxes, Social Security, and Medicare taxes from work-study paychecks. Students should receive a W-2 form from their employer detailing their earnings for tax purposes.
How much will you get on your paycheck after taxes if you make 11.50 an hour?
To calculate your paycheck after taxes when earning $11.50 an hour, you'll first need to determine your weekly or monthly hours worked. For example, if you work 40 hours a week, your gross weekly pay would be $460. After accounting for federal and state taxes, which can vary based on your location and tax situation, you might expect to take home approximately 70-80% of your gross income. Therefore, your after-tax paycheck could range from about $322 to $368 per week, depending on your specific tax rate.
What part of your paycheck will you get back if you work in New York and stay in NJ...do i get all of New York work state taxback on tax filing..... what is the tax difference between ny and NJ for f?
The paycheck that you received was your net take home pay. Nothing has has been withheld from your paycheck. From your gross wages or earnings all taxes and other items were withheld before your paycheck was issued to you. You will have to file your resident state income tax return an file a nonresident state income tax return correctly to see if you will get any of the withheld taxes back as a refund are maybe as a tax credit on your resident tax return.
