 Do u file 06 taxes in 08 or 07s? |
my friend says that taxes is a year behide.she say that u clam 06 in 08. is that true? i also thoght is the year be4, like 07 in 08.
what year dose she file now 06 or 07?... |
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 Can i deduct the mileage i used to take my mother in law to and from her doctors appointments? |
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 Why is child support not a tax deduction and alimony is? Either way the ex spouse spends it as she pleases.? |
| Can someone give me more info? Or who to contact. I need to research for an Activist English paper regarding this issue. Thanks!... |
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 I made about $12,000.00 last year.I did not have any federal taxes taken out.Will I owe any taxes? |
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 If filing married and jointly, do you have to count your spouse's income if under 5,000? |
| My husband just started a new job and will not make more than $4500 or so before the end of the year. Do we have to count his income when we file our taxes together? I used a tax calculator and it ... |
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 Which bills do i 'have' to pay during the recession in the uk? |
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 Can this person file taxes? I am clueless...? |
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 Economic Stimulus Payment? |
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 What is the full form of CTC? |
| asking a question at the time of ... |
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 Have you received your stimulus check? |
| I know they are suppossed to be sent out based on the last 2 digits of your SSN, but I know people who have gotten theirs way before they were supposed to. (paper check) Does it matter if you owe ... |
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 How do I find out how much an employer reported as taxable income on my 1099-MISC ? |
I did a little tractor work for a friend of a friend..may be $1500 or so.
The guy said he wanted my SS# to report my pay, because we were working on a road to his winery he was just starting up.<... |
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 Question on stimulus payment? |
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| Can i claim remodeling on my home on my taxes? |
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 If I have been working for a company for 2 months am I entiltled to my anual leave pay? |
| I have been working in the UK for a company for 2 Months and have recently quit. My contract does not state that my anual leave requires a probationary period. Am I still entilteled to recieve my 3.... |
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 What is Tax Credit? Can i apply? |
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 Council Tax, Overpayment.? |
I have recently been informed that my council tax band has been wrong since 1st April 2005.
I have been paying band 'C' when I should have been paying band 'B'.
Will I ... |
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Ninos A | Hi, I got my paycheck and it was $600.00 and the withholding tax was, FICA-SS $37.20, FICA-Med $8.70 and? |
Fedral W/H $39.81, State W/H $20.24, Local $9.00, doese any one knows if this is reasonable? and what each one stand for?
My employer doesnt provide Medcare so why still they are cutting FICA-Med?
I am New in the states. So, detailed answers will be really really so very appreciated.
Thanks in adance.
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Charles G
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The FICA taxes are exactly accurate, total 7.65%, which your employer matches.
The other taxes are depending on what state, local, and how many exemptions you claimed, married or single. But they look reasonable.
Welcome to the working world. |
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theoriginalmel
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These are taxes that every worker in America pays. Whether it is reasonable or not is debatable, but that's the way it is.
Employers don't "provide Medicare," the government does when you are of retirement age and then most people still have to pay Medicare premiums and deductables...........basically, the government is borrowing your money, intrest free, until it's time to pay you for your retirement (provided that there is anything left by then). |
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bud68
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Medicare is a payroll tax, like Social Security, that everyone must pay. It doesn't mean that you are enrolled in Medicare.
FICA is Social Security tax. Again, everyone pays it. |
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hotmomma33
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Your federal withholding is your government taxes you pay (this is what you file a tax return from each year). The FICA-SS is you paying in for your retirement when you retire. State and local tax goes to the state you reside in. The medicare is standard deduction, it also goes with your retirement. It is health insurance for when you retire. It has nothing to do with employer insurance. It is hard to tell if the figures are right they are withholding without knowing the dollar amount of your check. However, it does seem correct. I hope this helps. |
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Judy1
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You don't say what state you are in, or enough about your personal situation to tell, but the amounts don't sound unreasonable. FICA-SS is for social security, a government retirement and disability program, and FICA-med is for Medicare, a government health program for people over age 65. Those are mandatory.
The two w/h amounts are withholding for federal and state income tax. Early next year you'll fill out a tax form showing all your income for the year, and your withholding, and calculating your tax for the year. The withholding will be applied to your tax. If too much was withheld, the extra will be refunded to you. If not enough is withheld, you'll have to pay the difference. |
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Jss
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If you are a resident (even for tax purpose), then you must pay SS at 6.2% and Medicare at 1.45%.
Federal income tax, state income tax and local tax are deducted bases on what you claimed on your W4. |
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INFLUENCE
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The FICA-SS if for Social Security and the FICA-Med is for Medicare (a government program that has nothing to do with your employer). These two amounts are fine and you have no control over them. Social security and Medicare should always total 7.6% of your net paycheck, which in this case it does. Your employer pays the same amount of social security and medicare that you do, so in all it totals 15.2%. The federal withholding is what you base your federal taxes paid on when completing your federal tax return. The state withholding is what you base your state taxes paid on when computing your state tax return. Most cities usually don't have a local income tax, but apparently yours does (I'm guessing you live somewhere in Ohio or Kentucky since those states tend to have more cities that do charge a local income tax). All amounts seem in accordance with your income, so everything seems reasonable to me. |
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mslucy22033
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welcome to our world. where are you from that you don't pay for all this or is this your first job? |
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