Would they take out taxes and social security from my check?
|
02-26-2014, 02:32 AM
Post: #1
|
|||
|
|||
Would they take out taxes and social security from my check?
Well Im trying to work for this grocery market Big Y and im 15. Do they take out things like taxes from ur pay check?
Ads |
|||
02-26-2014, 02:39 AM
Post: #2
|
|||
|
|||
YES normally they would be required to withhold the FICA tax amounts social security and medicare taxes out of your gross wages for each pay period during the tax year.
And they also should REQUIRE you to fill out a IRS FORM W-4 Employee's Withholding Allowance Certificate for the FIT federal income tax withholding amounts ONLY during each pay period. When you do fail to have enough FIT federal income tax amount withheld out of your GROSS wages earning out of each pay period to cover your FIT liability during the next FIT tax filing season and then at that time you could end up Owing and amount of FIT liability that you would have to send in at that time during the tax filing season for that purpose along with your 1040V and the 1040 income tax return. Go to the http://www.irs.gov website and use the search box for the W-4 Employee's Withholding Allowance Certificate Very simple and easy fill in the W-4 correctly and completely and just claim Single and -0- ZERO Allowances sign the completed W-4 form make a copy for your records and give the other signed copy to your employer for the 2015 Tax year federal income tax withholding amounts out of your gross wages earnings amount if ANY amount is required for your FIT for this purpose. And then if they should withhold any amount of $$ out for the FIT amount as an estimated advance payment of any possible income tax liability that you might have when you correctly complete your 1040 income tax return during the next income tax filing season and you receive your W-2 form from your employer around the middle of January for the past tax year and if you have a $$ amount in the Box 2 for FIT you will get a credit for that $$ amount on your 1040 income tax return and might qualify to get some are all of the withheld amount back as a REFUND amount when you correctly complete your 1040 income tax return print a copy for your records and sign the copy to send to the correct IRS address for processing. Go to the http://www.irs.gov website and use the search box for W-4 http://www.irs.gov/pub/irs-pdf/fw4.pdf Hope that you find the above enclosed information useful. 01/15/2015 Ads |
|||
02-26-2014, 02:51 AM
Post: #3
|
|||
|
|||
Yes they do.
|
|||
02-26-2014, 02:54 AM
Post: #4
|
|||
|
|||
Yes. Social Security tax and Medicare tax will be taken out of your pay, in the amount of 7.65% of your pay. It is also possible that federal and state income tax will be taken out of your pay. If you did not pay income tax last year, and you are earning less than $6,100, you can claim EXEMPT from federal withholding on Form W-4.
|
|||
02-26-2014, 02:58 AM
Post: #5
|
|||
|
|||
of course
|
|||
« Next Oldest | Next Newest »
|
User(s) browsing this thread: 1 Guest(s)