Are state withholding taxes deductible?

Answer State withholding taxes are deductible. However, you cannot deduct all state taxes. You can choose to deduct withheld state and local income taxes or state and local sales taxes on your federal tax... Read More »

Top Q&A For: Are state withholding taxes deductible

How much is the New Jersey state withholding percentage for taxes?

The New Jersey State withholding rate percentage for state income tax is from 1.5 to 9.9 percent, depending on the amount of the employee's taxable wages. Withholding rates are applicable to wages,... Read More »

Is medicare tax withholding deductible?

You may not deduct Medicare taxes withheld from your income. Medicare withholdings on your income support what is called the Medicare A plan, which serves patients over 65. You may receive governme... Read More »

Employer Withholding Taxes?

Say an employee goes to work for an employer for $10 an hour. He works for 40 hours. One would think the paycheck he receives would be for $400. While the employee's gross check is for $400, the em... Read More »

How do I Figure Pennsylvania Withholding Taxes?

Withholding taxes are the taxes the federal and state administrative agencies require employers to withhold from employees' income. The Internal Revenue Service (IRS) administrates federal income t... Read More »