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Form W-2 2023 IN: What You Should Know

To figure the tax, divide the amount of federal withholding by your total income. If you're filing electronically, the IRS calculates that number automatically. Electronic Federal Tax Payment Worksheet — IRS If for one of the following reasons you or your spouse are a U.S. citizen, you'll have to pay a Social Security or Medicare tax on your Illinois withholding income. Your annual tax withholding will go up, and you may have to make additional payment if you're subject to a back payment tax after October 1, 2018, and before July 1, 2019. • you're a foreign worker, a full-time student, or a child dependent on you • you make less than 1,600 during the 2 tax year (your share of Social Security withholding) • you are a United States citizen who resides abroad (the withholding applies to your U.S.) • you're a nonresident alien who can meet the Social Security withholding requirement for your residency status (see above) If any of the above apply, you must pay a Back Tax Withholding of about 2.5% of the gross amount of your federal income tax (social security plus Medicare). See Social Security and Medicare Tax on Illinois Withholding Income, below, for more information. How Do You Pay a Federal Tax Back Tax Withholding? If you don't pay Social Security or Medicare back withholding tax, but you're subject to a back payment tax, you must make additional payment to the IRS. Social Security and Medicare Tax Withholding If you're a U.S. citizen, you must pay federal social security tax withholding. You withhold the amount from your wages or Social Security payments (payments of money to your Social Security benefits if you receive Social Security survivor benefits), and you keep records of all federal withholding. You pay the Social Security tax at a Social Security office. Furthermore, you can't collect any social security tax from your paycheck. Furthermore, you can't deduct Social Security tax from your Illinois tax liability. Furthermore, you must file federal return and pay federal tax with form W-9 or Form SS-4. Furthermore, you will receive a refund once you have fully paid all federal taxes. If you are not a citizen of the United States, you can't receive any social security benefits, and you're a nonresident alien for income tax purposes, you can't deduct income tax and pay federal tax on your Illinois income alone.

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