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 Can you claim a child even if they did not live with you during the past year?
I have custody papers that say that I can claim my daughter, but she has lived with her dad for the past 20 months. Should I claim her or not?
Additional Details
I am actually the child&...


 Do I get to claim mortgage interest that was payed in 2006 on my tax refund.?
If so, would I do it on a 1040? Do I get the whole amount back? If you could just answer to the best of your knowledge. I know that answers isn't for legal advice. I'm jsut trying to get ...


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...


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 So does the Pizza Hut waitress need to report to the IRS the $10,000 tip?
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 How can you track your federal income tax return?
its been about 8 weeks since i sent in my federal tax return and i need to know how i can find out if it was ...


 My financial advisor told me I can claim my meals, mileage, haircuts and...?
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 Bloomin Hell?
If you click on all the countries under taxation, USA has 2 questions, others none (I think) and UK 38+ questions. Is our tax system that bad?...


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More specifically i was looking to buy a sports racket. The listed price from power sellers in Hong kong looks cheap. Would I get taxed by the customs here in UK when the package arrives. And if so, ...


 Is there a standing reward of $100,000.00$ to anyone that can provide a law requiring you to file a tax return
a tax code rule that says if you are required to file a Federal Tax return then you must file dose exist.
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 What are my options if I forgot to pay peroperty tax before dec 10 2007?Is there any way to avoid penalty?
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 If I buy a product from Germany, do I pay VAT ?
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 Help with taxes!!?
Does anyone know of a website where it explains the meaning of claiming single or married and the amount of dependants? I am married and I would like to have more taken out of my paycheck each week ...


 How can I get less taxes taken away from my paycheck???!!!???!!!?
I make a good income and feel that taxes are killing me. I get paid biweekly and and my check is $2925 and it comes out to $1885 after taxes!?!?!?!!? How can I get this down?

My Dad is ...


 IRS Stimulus check question?
did anyone get their stimulus check yet? How long did it take after your letter came to get it? also what numbers does your last two digets fall under? I know I supost to get mine within this week or ...


 My son is off sick and his employer won't pay him.He paysNI contributions and works full time?
should he be entitled to ...


 PAN Card Allotted or not ?
I have a strange problem. My auditor has filed IT returns on with a PAN No which is claimed to be in somebody else name. How do i find out whats the PAN number alloted to me ? I had applied for PAN ...


 If my rental income is equal to my mortgage should i still pay tax?
...



Ratnakar G
Hi Can you please some tell me why do employers charge additional 10% payroll taxes on employees.?

Additional Details
Assume that employee is on Bench and he requested his employer to run his payorll for 1 month(on bench).

Does employer has right to charge 10% additional payroll taxes?
                     
 




taximomuv3
Rating
What do you mean by addtional 10% payroll taxes? By law employers are required to COLLECT taxes from wages before the employee is paid, and whatever they are COLLECTING from your check needs to be itemized on your paycheck stub. If there is an additional 10% beyond the standard income taxes (both federal and state), Social Security, Medicare, etc etc. then they have to list what that is. It could be for health insurance premiums, union dues, pension plan, etc. - if you don't know what it is, ask your payroll department to explain it to you.


Jeff T
There are four types of payroll taxes that are normally taken out:

Federal Income Tax
Social Security
Medicare (sometimes SS and medicare are combined and called FICA)
State Income Tax


bostonianinmo
Rating
They don't. Not legally anyway.


travelguruette
What is on bench?


LuvDylan
Rating
OMG. That is soooo illegal.

Payroll taxes = 7.65% total
If the employer is deducting a flat 10%, then this activity is ILLEGAL.

The employer has to pay an additional 7.65% but they cannot list it as a deduction from your stated rate of pay.


wartz
What payroll taxes are you talking about?


Parrish D
Are you sure it is not something in relation to what each employee claims (i.e. single & 1, married 2, etc) that affects the tax being witheld?

And if you are asking about different employers regarding you as the emploee, then ask for copies of the W-4 that you completed at time of hire. That will show you if you completed them differently (i.e. single & 1 vs. single & 0)


ASV
Rating
It is called FICA taxes. Social Security is 7.65% (upto a max salary which increases every year) and Medicare is 1.45%.

This is an equal contribution. That means, an employee has to pay that amount as well as the Employer.

So where does the employer get this money from? From your pocket. It is another way of saying that "if I have to pay you a 100K per annum, I am actually spending approx 10% more". This is also called as cost of employee.

It is not illegal, because they factor this when deciding what to pay you.


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