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2017 EMPLOYEE TAX AND OTHER INFORMATION EDINA PUBLIC SCHOOLS Social Security/Medicare Wage Base Rates The Social Security taxable wage base will increase to $127,200 in 2017, from $118,500 in 2016.
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Employee tax and OFORMR stands for Employee Tax and Other Forms of Remuneration. It is a form used to report employee wages, taxes withheld, and other compensation.
Employers are required to file employee tax and OFORMR for each employee they paid wages to during the tax year.
Employee tax and OFORMR can be filled out manually or electronically. Employers need to provide information about employees, wages paid, taxes withheld, and other compensation.
The purpose of employee tax and OFORMR is to report employee wages and taxes to the tax authorities, and to ensure accurate reporting and withholding of taxes.
Employee tax and OFORMR must include information about employee wages, federal and state taxes withheld, and other compensation such as bonuses or benefits.
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