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A federal tax is paid to the federal government of a country, typically to fund various public services and programs. In the United States, for example, federal taxes are collected by the Internal Revenue Service (IRS) and are used to finance areas such as national defense, infrastructure, healthcare, and education. These taxes can include income tax, payroll tax, and corporate tax, among others.

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2mo ago

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What line on 1040A is total federal tax paid?

The total Federal Tax paid is the sum of the federal taxes that you have payed either through payroll deductions or estimated taxes that you have paid to the federal government or others that have paid federal taxes to your benefit, for that particular tax year.


Which tax is only paid by the employee?

Federal Income Tax


How much Federal unemployment tax do you wit hold?

None. Federal Unemployment tax (940) is an employer-paid tax.


How can I determine the total federal tax paid?

To determine the total federal tax paid, you need to calculate the sum of all federal taxes you have paid throughout the year, including income tax, Social Security tax, and Medicare tax. You can find this information on your pay stubs, W-2 form, and any other tax documents provided by your employer.


Do you enter the amount paid from a federal garnish on your tax return?

No. Your gross income is reported on your federal 1040 income tax return. The federal garnish amount that was paid would not be a deduction from your gross income on your income tax return.


What is a federal tax stamp?

Certain items that are subject to a federal excise tax (like hard liquor) are supposed to have a stamp placed on them to show that the tax was paid. This is a federal tax stamp.


What is a feature where the federal government does not tax interest paid to investors?

Tax-exempt


What about federal tax to be paid on workers compensation?

none


Is federal income tax direct or indirect?

Federal income tax is a direct tax on income and not an indirect tax. Direct taxes are paid directly to the government.


Can I deduct federal taxes paid for a prior year on my current tax return?

No, you cannot deduct federal taxes paid for a prior year on your current tax return.


What types of taxes are federal taxes?

Federal taxes are paid to the federal government. There are many different ones; in the transportation business income tax, Social Security tax, unemployment tax, fuel tax, road tax and federal excise tax are the most important.


What income tax do you pay on 9600?

How much federal income tax is paid on $9600.00