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No. You have the taxes taken out for the state that you live in.

Posted By: sm on 2006-05-29
In Reply to: Makes me wonder now.. - confused

If you do not live in the state where the company is located, that state income taxes do not apply to you--only the state where you live applies to you. You do NOT work in the state where the company is headquartered. Ask any CPA and just look at the website of the state. You should not have taxes taken out for a state you do not reside because you do not have to pay taxes for a state where you do not reside. You only pay for a state where you live.


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They must deduct FEDERAL taxes.. NOT STATE taxes.. if they took out state taxes.. it would be FLORID
which would only have to be refunded to you for you to pay YOUR state what you owe them which is nothing but a pain... be glad they weren't handling your state tax.. and I think in this case.. if someone at the IRS told you they have to deduct YOUR states taxes.. it is that person who is uneducated... they only have to deduce federal income tax

The state you live in or the state where the MTSO is located? nm
nm
If company is in state that has no state taxes
they are not required to take out state taxes.  It's enough to keep up with your own state tax law code, could you imagine having to stay abreast of 49 other state tax codes?  The cost would be huge and ultimately passed on to us by lower line rates.  Regardless of who owes the tax, someone has to pay it.  Just a matter of convenience I guess. 
Medware and state taxes
I was told by someone in the IRS that Medware should be taking out state taxes in my paycheck, but nothing has been done about this, and I have to pay my state taxes myself. I don't know how they get away with this.
state payroll taxes
My previous job was in the payroll department for a fairly large manufacturing company. We had employees in about 18 states other than NC. We had tax tables from any state that we had employees, and we were required to withhold based on those tables. We did have one that did not require us to withhold taxes but it wasn't Florida.
Medware & State Taxes
Actually, this is a common practice for many companies and well within the law. They can't take out your state taxes in Florida, (a) because Florida doesn't have state income tax, (b) you don't live in Florida, and (c) it would be quite a headache when tax time rolls around and you have to claim two states that you work in, even though you actually don't. I have paid my own taxes for years.

Plus, Medware states in their email that was sent to me: At this time today, if you are considering employee status we DO NOT hold out (state) income tax. We are a Florida-based company and Florida does not have state income tax. This will need to be filed by you individually depending upon what state you live in and whether or not you have a state income tax.
They also do not withhold state taxes and
there is no way that is legal in my state as it is my state law that if you are employed by an employer outside the state, that employer MUST withhold state taxes. My state has been investigating them for awhile but I still don't know what happened with that, but I will ask.

Reminds me of another company who used to withhold money for our insurance premiums. Well guess what...when we needed to use our insurance, found out there was none! They too were reported (this was not MW), but all we got was our money back that we paid for the insurance. Sad huh?

These companies are pathetic and I have no respect for this industry whatsoever.
They should take out state taxes for the state
nm
SE doesn't take out federal and state taxes, only
x
If you are employee and have state taxes, your employer should take out.
I reported a company to my state, who clearly defines on their internet site that if an employee lives in our state yet works for a company in another state that might not have state taxes (for instance, Florida), the company in Florida HAS to comply with taking out state taxes.

From what my state told me, they fined the company heavily for not having deducted state taxes. Check with your state first and see what the law is.

This only applies to employee though.
They refuse to deduct state taxes, if that's
nm
They take out for FICA. You are responsible for state and fed taxes. nm

I don't know what state you live in but,

in my state (Maine) whether you quit or are fired, you get no unemployment unless you honestly cannot find employment for a period of 3 months.


Check your state unemployment benefit laws.


What state do you live in, JT?
x
Does your MTSO take out all federal/state employee taxes? nm
nm
I have never had a problem with an employer withholding state taxes except with one
employer. They say they do not have to but my state says they do. Just the fact that my state sent me back all their late fees because I refused to do the job of the employer tells me I was right in waiting to pay until tax time. That brought it to the attention of my state. I can't wait to see the get the penalty and interest my state will charge them. I know it will take some time for the state to research how many work in my state (and I know at least six minimally), so I will just sit back and wait. My state does not give money back to you readily. LOL High state taxes so when you get your late fees back, you know then the employer being fined is only a matter of time.
depending on what state you live in - sm
you could possibly be hired by another hospital IN THE STATE you are in and go to work at home, or you may be considered for a position at Diskriter that is hiring for a Florida hospital, but again, it depends on what state you live in. The Florida hospital can hire from about 7 other states, but if your state is not one of them, then you are out of luck.
It depends on what state you live in
There are different carriers and plans and it depends on which state you live in on what carries are available to you.  Some states have PPOs and HMOs offered and some don't.
I work for a company in Florida too who gladly pays state taxes because
they know it is the law.
I live in CT. I pulled up the hospital list for my state
If you have any leads, feel free to send me an e-mail.  TY!
Depends on the state you live in. In Texas, no this is not legal. nm
x
Only hire as employee if they have 50 employees in the state you live in. NM
My state would never be one.
I don't know where you live but where I live foreclosures are rising and there are no jobs -- non
I worried about my employer for part of the winter as my accounts grew sparse. I had plan to switch to being an employee with benefits but dared not make the switch in this economy (this was last year this time, got it?)
I figured keeping my seniority was worth whatever security it afforded.

My accounts have rebounded some and I can pay my bills.

By economizing seriously, I have paid off my credit card and put some money aside, just in case. I'm breathing easier, thanks.

So, all in all, I'm not complaining. This last winter was brutal, but I had a job and I paid my bills. When employment rebounds and/or national health goes into effect, people will go to the doctor again and we will be busy.

My part of the world is like a ghost town -- everyone who could left to find work in the city -- many apparently leaving their homes to the banks. Several houses in my vicinity have been on the market more than 4 years.

Forgive me my loyalty ... it pays the bills.

What does yelling at the rest of us do for you?
Unless something has changed, health insurance rates vary state by state, so we may not have the
info you need.  I'm an IC so I don't have benefits.
You are correct. The state that rules is the state the employee lives in.
My state laws has is spelled out in their Code. If another state does not withhold, they are fined heavily and if they don't withhold for years, their fines are pretty bad. I worked for a Florida co that did not withhold income tax for my state even after I brought it to their attention in the state code. They kept saying that they would eventually and never did. After two plus years and when I left, I made it known to my state all the conversations, the state refunded me all late fees they charged me and then said they were going after the company in Florida because they had many employees in our state. They deserved it. They knew better.
Not state by state, federal labor law - sm
and you don't have to be asked. If you work it, asked or not, they have to pay time and a half OT rate for hours worked over 40 in a week.

Taken right from U.S. Dept of Labor -
An employer who requires or PERMITS an employee to work overtime is generally required to pay the employee premium pay for such overtime work. Employees covered by the Fair Labor Standards Act (FLSA)MUST receive overtime pay for hours worked in excess of 40 in a workweek of at least one and one-half times their regular rates of pay. The FLSA does not require overtime pay for work on Saturdays, Sundays, holidays, or regular days of rest.

Extra pay for working weekends or nights is a matter of agreement between the employer and the employee (or the employee's representative). The FLSA does not require extra pay for weekend or night work or double time pay.

Different state to state. You would be surprised to find

IC can be defined differently state to state.  Even the IRS cannot come up with a definitive set of rules.  You would be surprised how many ICs actually get unemployment in some states.  If the unemployment claim form asks specifically if you are an independent contractor, do not lie, but if it does not, do not volunteer it.  Let the company prove you are a true IC according to the rules of your state.  All you lose is a few minutes filling out the claim form.  I would only do it as a last resort.  If you can find work fast, by all means go for it, but the way things are now with all the VR and off-shoring, it is a backup if you cannot find work.  No one should go hungry because they are afraid to file for Unemployment as an IC. 


 


It depends on where you live. If you live in their
service area it would be cheaper than outside their service area.   I only have rates for out of service area and medical is  139.13 for family or 168.42 depending on what plan you choose.  Dental is 20.85 for family, vision is 5.13.  These are per pay period. 

Individual coverage would be 44.79/54.21 medical, 7.99 dental, and 1.71 vision.  

I opted out of insurance as we have through my husband's job.  I believe  the cheaper insurance is a 70/30 plan and the more expensive an 80/20, not sure about co-pays.  Deductibles are $2000 for family, not sure about individual.
It varies from state to state
nm
Varies from state to state
My own state recognizes partial unemployment, too, when your work gets cut down to half of your regular workload/income.
Taxes

When you work for someone you STILL PAY YOUR TAXES, your employer does NOT except for the 7.5 SS.  Look at your pay check, are not taxed withheld??? As an IC you are RESPONSIBLE for withholding your own taxes and sending them in but either as an employee or a IC -- you still PAY them, except for the 7.5 of social security.   Sorry but it bugs me when people say as an IC you pay your own taxes as it is incorrect -- you are RESPONSIBLE for paying your own taxes.  With your write off's, flexibility and most of the time more pay it does cover the extra SS you have to pay.  Been doing it for almost 20 years. 


 


 


SE and taxes
I'm seriously considering accepting a job as an SE.  The employer holds and pays social security but not income tax or other federal tax.  My state has no income tax, but I was wondering if I would have to pay Medicare tax as well as withholding tax.  Also, is there a way to pay via IRS monthly or bimonthly rather than quarterly.  This is new to me and I'm a little spooked. If I would have to pay Medicare, does anyone know what percent that is.  I understand I should hold or pay 25% roughly for withholding.  Help please. 
Taxes
Absolutely and you do not have to be only an IC for this write off. Even if you are an employee expenses that you incur in order to perform your job which are not reimbursed by your employer are all eligible. I write off my ink cartridges, printer paper, internet service, etc.
Taxes
I really believe a sharp CPA is worth every penny.
Taxes
It is my understanding that if the state your company is located in does not have a sales tax - then they do not handle the state taxes period. Examples would be companies located in Florida and I think Tennessee.

Taxes
The cost is the same to the employee either way, it is just the convenience of not having to deal with it. Whether they deduct it out of your check and pay it or whether they give you the full amount and you deduct it - either way you owe it and have to pay it. Of course it is less convenient to file quarterly taxes. According to my CPA the employer does not have to withhold if their state does not have state income tax. The employee is responsible for paying quarterly in order to avoid any late fines. Maybe each state has their own standards but I can't imagine all these companies in states without state taxes would be getting away with not withholding if that were the case. By the way, having more held out of hubbies return sounds like a good idea to me if you are filing jointly anyway.

Taxes
I wonder then, since this seems to be different state to state, if some of these companies would legally be able to just not employee MTs from states who require the employer, regardless of location, to handle the state taxes. I could see them thinking the paperwork/accounting costs would not be worth it.
SS taxes
just taken out of pay, you have to use bayscribe, but certain programs they can import into bayscribe and yes, they will if asked provide sample reports.
taxes
Yes, they do.
IC Taxes
For some IC is better, I guess it depends on your circumstances.  My husband is on disability so our income is very low, we clam the mortgage interest our home and we never have to pay in.  I do have to pay 1% local tax each year but that is never more than $100.00 or so. As IC you are able to write off Internet expenses, paper, ink, ref. books ect.  For me it is just better.  Plus as IC I feel that I have more control, but that is jost my opinion. 
Taxes sm
If you are an IC then you have to pay your own taxes. There is no difference. You would just convert the $$ into US (your bank does this) and keep track of the actual US dollars you made and then claim it on your tax return. Hope this helps.
As an SE..do they pay any taxes..sm
or are you responsible for paying all your taxes yourself?
taxes
Are there are any Radiology jobs that pay part of taxes?
Taxes

The post above is not true.  As an employee the employer pays one half of your federal and state (if you have them) taxes.  It is not just half of the FICA they pay. It is half of the total federal (Fed, FICA, Medicare.)  I was an MTSO for 8 years and looked into making my ICs employees and just couldn't swing it plus try to offer benefits.


 


taxes
Bravo!!!  Obviously, the OP either has grown children or no children.  It takes an incredible juggling act to raise kids these days.  Most parents in our income range need all the help they can get.  Just having custody of a 2-year-old for 6 weeks has taught me that.  Daycare alone is taking all I have.  You're right - never underestimate the people with authority in nursing homes.  My son reminds me of that sometimes - I only hope he is joking!  Have a good Monday!!
taxes
I realize that. What I am concerned about is Social Security and how that works and how do I decide how much taxes to hold out of my check to be sure I am covered at tax time? Just looking for some preferences here from people who have done it both ways. Thanks!
After taxes, it's a lot less than $100.....
Skroo that!
IC and taxes

I have just accepted an IC position. I have never worked as an IC before. Do you set aside your tax money and pay it quarterly or at the end of the year. (for next year) Any advice on this would be much appreciated. Thanks!


IC and Taxes
Thanks for the information. I was thinking it would be best to pay quarterly. I have my city taxes set up like that already. Do you know how to set up state and federal taxes to be quarterly?
IC taxes

You don't pay any more taxes as an IC than you do as a regular employee.  You pay your taxes differently and pay more up front than you do as an employee, but on the back end when you do your taxes it all evens out.


You have to pay your regular federal withholding.  It's the same rate that you would pay based on 0 deductions with a regular job.   You can use the tax table http://www.irs.gov/pub/irs-pdf/p15.pdf to figure that out.  Then you have to pay the whole FICA tax of 15.3%.  Half of that is the employer's portion, which you don't have to pay as an employee.  The other half and the federal withholding you already pay as an employee.


When you do your taxes at the end of the year, you enter half of your self employment FICA tax on line 27 (along with a schedule SE) and you deduct it from your gross income. 


So you have to pay more up front, but you don't pay more in the long run.


I pay 25% to the feds every time I get paid and I pay 5% to the state every time I get paid.  A lot of people like to do it quarterly, but I like to get it over with so I don't think I have the money to spend.


You can make your federal tax payments on line here:  https://www.eftps.gov/eftps/ .   You have to sign up with them and then they mail you paperwork with online passwords and stuff, so it takes about a week to get actual access, but it's worth it.  It's where I pay all of my taxes.  Your state probably has an online presence where you can pay your state taxes as well.


I've only ever been an IC so I can't compare working as an IC to working as an employee on production.


rather just under 100,000 a year, after taxes
please.  transcribing for a national??