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Wtpa Form

Wtpa Form

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Video instructions and help with filling out and completing Wtpa Form

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Instructions and help about Wtpa Form

so what are the uh withholding requirements that placed on an employer by the state and federal government from an employees paycheck or or uh compensation okay well to start with income tax an employer is going to uh have an employee fill out a a W4 indicating the level of exemptions they claim from withholding and then the employer has the obligation to follow that as a guide in withholding a certain amount of funds or certain percentage of funds from the employees paycheck and surrendering that to the state and federal taxing authorities the IRS or the State Department of Revenue so income taxes now the employer also uh has obligation for part of the employees payroll taxes so the employer uh will withhold payroll taxes from the employees compensation somewhere around 7 and a half to 8% and then the employee uh excuse me the employer matches that or or withholds its contribution which generally ends up to be around 15.6 to to 16 uh or 16% of the total wages uh up to a certain dollar

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