Taxation Personal Finance – Ch 9. Types of Tax Payroll Tax Sales Tax Real Estate Tax Gasoline...
13
Taxation Personal Finance – Ch 9
-
Upload
gilbert-reed -
Category
Documents
-
view
244 -
download
3
Transcript of Taxation Personal Finance – Ch 9. Types of Tax Payroll Tax Sales Tax Real Estate Tax Gasoline...
Payroll Taxes
Tax Deductions Federal State Local/City FICA
Voluntary Deductions Health Care Retirement Union Dues Tithing/Charitable Contributions
W4
Line 5 is where you write your withholding allowances.
Usually a number between 0 and 7.
Higher #
=
less $
withheld
Lower #
=
more $
withheld
Less chance of
tax return.Greater chance
of tax return.
I9 I-9: Employment Eligibility Verification
Form INS – IRS form Original identification No exceptions
Filing Taxes Filing Status
Single Married, Joint File Married, Individual File Head of Household Widow/Widower w/ dependent child
Deductions Standard Itemized
Exemptions Dependents HAS & IRAs
Credits