taxation personal finance – ch 9. types of tax payroll tax sales tax real estate tax gasoline...
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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