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Income Tax, Social Insurance Tax, and Corporate Tax

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15y ago

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What are the three taxes taken form your paycheck?

It will depend on where you reside as to what taxes are withheld. Federal Withholding taxes, FICA taxes, and Medicare taxes are the federal taxes that are withheld. Most people will also be effected by State taxes and some will even have to pay city or county income taxes along with the other taxes.


How are federal taxes determined?

how are federal taxes determined


Can I deduct state taxes from my federal taxes?

Yes, you can deduct state taxes from your federal taxes if you itemize your deductions on your federal tax return.


What was the connections between the Three Fifth Compromise and taxes?

3/5s of all slaves were counted to figure out how much states owed the federal government in taxes


What are federal estate taxes?

Federal state taxes are taxes to be paid to the federal government on owned property. Theses taxes are to be paid once a year.


Which bankruptcy removes federal taxes?

Federal income tax can sometimes be discharged in a bankruptcy, but there are several rules that apply. Only one example is, federal taxes must be at least three years in arrears before qualifying for bankruptcy discharge.


Are federal income taxes deductible for federal corporate income taxes?

No, they are not.


What was the connection between the three fifths and taxes?

3/5s of all slaves were counted to figure out how much states owed the federal government in taxes


Can you file banruptcy on federal taxes?

You can't. Bankruptcy does not forgive you for federal taxes.


What was the connection between the the three-fifths compromise and taxes?

3/5s of all slaves were counted to figure out how much states owed the federal government in taxes


What was the connection between three-fifths compromise and taxes?

3/5s of all slaves were counted to figure out how much states owed the federal government in taxes


What are the percent of federal taxes are taken out of paycheck in Texas?

What is percentage of federal taxes in texas?

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