Tax Rates
What is the current Medicare tax rate?
What is 1.45%
Annual form used by employees to file taxes with IRS and applicable State agenices.
What is "W-2".
Form used to determine an employees federal tax withholding.
What is W-4.
What is the name of the type of deductions that reduce gross wages?
What is pre-tax.
Boxes 3 on form W-2 reflect what?
What are Social Security wages?
What is the current Social Security tax rate?
What is 6.2%.
Total wages paid to an employee before taxes.
What are "Gross" earnings.
Quarterly tax form used to report Federal, EE and ER Social Security, and EE and ER Medicare.
What is 941.
What is the 2018 401K contribution limit?
What is 18,500.00 or 24,500.00.
Name of CA State tax agency.
What is EDD.
What is the new employer SUI Rate for CA?
What is 3.4% SUI / .1% Training.
Term for wages minus and mandatory deductions.
What is "Disposable Income" earnings.
Employer's summary copy of W-2s.
What is W-3.
What deduction gets reported in box 12, code DD?
What is EE and ER Medical.
At what point do Group Term Lift benefits become taxable to employees?
What are benefits over 50,000.00.
At what wage point are employees subject to an additional .9% to their Medicare Tax?
What is 200,000.00.
Term used to describe and earning that is paid to an employee.
What is "In-Net".
Name of report that provides SDI, PIT and PIT tax withholding by employee each quarter.
What is DE-9.
401K reduces what two tax types?
What is Federal and State.
If both a CA Tax Levy and creditor garnishment are received at the same, which order has priority?
What is CA Tax Levy.
What is the 2018 Social Security wage limit?
What is 128,400.00.
Term used to describe earnings that increase an employees taxable wages but is not paid to the employee.
What is "Imputed Income".
Form a client receives from the IRS after registering with the agency.
What is SS-4.
What is the annual HSA Limit for 2018.
What is 3,450.00 for single and 6,900.00 for family. Will take either answer.
If the client pays for short-term disability for all employees, do employees pay tax on disability wages?
What is yes.