Not exact matches
You can elect to have
federal income tax withheld from your unemployment compensation benefits, something
like income tax would be
withheld from a regular paycheck.
Receiving wages from an employer in a virtual currency is
like being paid in dollars: It is taxable to the employee, must be reported by the employer on a Form W - 2 and is subject to
federal income tax withholding, according to Wolters Kluwer.
How much gets
withheld from your paychecks for
federal income taxes depends on factors
like your salary, your marital status and how many allowances you claim on your W - 4 form.
How much you pay in
federal income tax depends on a few different factors
like your marital status, your salary, how many allowances you claim and if you have an additional dollar
withholding.
You may want to file an optional
tax return if you had any federal withholding or are entitled to tax credits, like the earned income tax credit or the Health Insurance Premium Tax Credit and want to get a refu
tax return if you had any
federal withholding or are entitled to
tax credits, like the earned income tax credit or the Health Insurance Premium Tax Credit and want to get a refu
tax credits,
like the earned
income tax credit or the Health Insurance Premium Tax Credit and want to get a refu
tax credit or the Health Insurance Premium
Tax Credit and want to get a refu
Tax Credit and want to get a refund.