State income tax box 17
WebJan 1, 2024 · These taxes include Social Security tax, income tax, Medicare tax and other state income taxes that benefit W-2 employees. Both employers and employees split the Federal Insurance Contribution Act (FICA) taxes that pay for Social Security and Medicare programs. The FICA rate due every pay period is 15.3% of an employee’s wages. WebFeb 10, 2024 · If you are subject to state tax reporting, box 16 will show the total amount of taxable wages for state tax purposes, while box 17 will show the total amount of state …
State income tax box 17
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WebMar 9, 2024 · The amount of state withholdings you report on your New Jersey Income Tax return is shown in Box 17 of your W-2. Box 15 must also say "NJ" which indicates the … WebFeb 11, 2014 · Now, here's a closer look at the boxes on the right: Box 1 shows your total taxable wages, tips, prizes and other compensation, as well as any taxable fringe benefits. It does not include...
WebUniversity’s state identification number. Box 16 - State Wages, Tips, Etc.: The amount in this Box includes wages, tips and other compensation for the year. Box 17 - State Income Tax Withheld: This is the total state income tax that was withheld from wages, tips and other compensation for the calendar year. Taxable Year WebMay 30, 2024 · Box17 on the W-2 is the amount of state tax that the employer has withheld and sent to the state - the amount of state tax that you have paid during the year. …
WebApr 9, 2024 · Box 17: (State Income Tax): $1,706.98 For my second job, my W-2 has the following information: Box 15 (State): CO Box 16 (State Wages, Tips, etc.): $37,011.32 Box 17: (State Income Tax): $1,584.00 When I’m about to file my taxes in Turbotax, it says I owe CO $824 but that doesn't sound right. I normally get a refund. WebSubsequently, old box numbers 13 through 17 have been renumbered to new box numbers 14 through 18, respectively. Electronic filing of returns. The Taxpayer First Act of 2024, enacted July 1, 2024, authorized the …
WebDec 13, 2024 · Box 16: State wages, tips, etc. Box 16 shows an employee’s wages that are subject to state income tax. If the employee works in a state with no state income tax, …
WebDec 1, 2024 · Your W-2 form has a number of boxes that report information about your earnings and taxes. However, for purposes of preparing your federal tax return, the key information is in boxes 1, 2, 17 and 19. Box 1 is going to report your annual salary plus all bonuses and other types of compensation you receive. And box 2 will report the federal … selarlicc one managerWebFeb 22, 2024 · Box 2: Shows how much federal income tax was withheld from your pay. Box 3: ... Boxes 16-19: Show how much of your pay is subject to state income tax, ... selas chevalier marty pruvostWebThe box will include the Federal Identification Number for one the following companies: 14‐6013200 ‐ New York State . 13‐3893536 ‐ City University of New York . 14‐6019701 ‐ … selas ds avocatsWebJan 4, 2024 · Box 17 reports the total amount of state income taxes withheld from your paychecks for the wages reported in Box 16. These taxes might be deductible as part of the deduction for state and local income taxes on Schedule A of the IRS Form 1040 if you use itemized deductions. selas jourdier cheramyWebPersonal income tax. I worked in NJ, but I'm a PA resident. Box 15 has state as PA and box 17 has an amount, but nothing in 18/19 for local wages/income. selas immersion burnerWebUse the state information boxes to report payments for up to two states. Keep the information for each state separated by the dash line. If you withheld state income tax on this payment, you may enter it in box 17. In box 15, enter the abbreviated name of the state, and in box 16, enter the payer's state identification number. selas burnersWebBox 1: Wages, Tips, and Other Compensation This reports your total taxable wages or salary. The number also includes any tips you reported to your employer, bonuses, and other taxable compensation. selas norial orleans