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2015 Federal and State Payroll Taxes
Federal TaxesFUTA
FICA
Federal
Social Security
Unemployment
Tax
0.6% 1FIT
Federal Income
Tax6.2×1.45%6.2×1.45% 2Use Tables 3×$7,000118,500NoneNone940941941941UI
Unemployment
Insurance
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What is federal and state payroll?
Federal and state payroll refer to the process of calculating and distributing wages to employees, with federal payroll pertaining to taxes and regulations set by the federal government, and state payroll referring to taxes and regulations set by state governments.
Who is required to file federal and state payroll?
Employers are required to file federal and state payroll for their employees.
How to fill out federal and state payroll?
To fill out federal and state payroll, employers need to gather information on employee wages, deductions, and taxes, and accurately report this information to the appropriate government agencies.
What is the purpose of federal and state payroll?
The purpose of federal and state payroll is to ensure that employees are paid accurately and on time, and that all necessary taxes and deductions are accounted for and remitted to the government.
What information must be reported on federal and state payroll?
Information such as employee wages, hours worked, deductions, taxes withheld, and other relevant details must be reported on federal and state payroll.
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