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if i work 40 hours a week and get paid 12 dollars an hour and i work full time how much will i be making a year

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15y ago

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What are examples of payroll taxes?

Social Security Taxes, FICA, and medicare are payroll taxes.


What it payroll company does not pay payroll taxes?

Has this happened, or are you just curious? By law the payroll service has to pay the taxes to the government, that are with held.


Can you deduct payroll taxes?

A individual taxpayer cannot deduct payroll taxes on the individual taxpayers income tax return.


Where can I learn more about payroll taxes?

There are certain software that will teach you about payroll taxes. There are also sites that will give you information on what you need to know about what payroll taxes are and which types exist. More information can be found at http://www.payroll-taxes.com/.


How do you calculate payroll taxes?

With a calculator.


What are the losses in payroll?

Taxes. ;D


What is the payroll taxes on 16000.00?

1,700.00


What is the journal entry for overpayment of payroll taxes?

debit payroll taxesCredit cash


What is the difference between income taxes and payroll tax?

Income taxes are used for a wide variety of government activities while payroll taxes pay for specific programs.


How do you submit payroll taxes for turbo software?

You submit payroll taxes for turbo software because it is easier and cheaper. You can find out more of the benefits at turbotax.intuit.com/personal-taxes or hubpages.com/hub/Social-Security-Payroll-Tax-Limits


Are payroll taxes taken out of Ebitda?

No. EBITDA is a measure to simulate operating cash flow. If you have no earnings or profits you will not pay Income Taxes, but you are still required to pay payroll taxes and other taxes such as property and franchise taxes


What is the difference between income and payroll tax?

Income taxes are used for a wide variety of government activities while payroll taxes pay for specific programs.