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It stands for Federal Income Tax. SIT stands for State Income Tax
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∙ 15y ago
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What is a voluntary income deduction?
Voluntar income deduction is money taken from your gross pay that you have control over.
What does the FICA deduction consists of?
The FICA deduction [since 1990] is 6.2% for employees and 6.2% for employers and is the principal funding source for Social Security benefits.
Can a cosigner on a student loan take the tuition deduction?
No tuition deduction exists to start..and if one did you couldn't as you incured no expense, other than finace expense
How does mortgage interest effect your taxes?
With certain limits, interest paid on the mortgage for your primary home is a deduction against your taxable income, IF YOU ITEMIZE. (Which the size of this deduction alone is the main thing that makes most people better off itemizing than taking the standard deduction).
What Year did the credit interest deduction end?
1986
What does FIT stands for in the payroll deduction process?
what does 'fit' stand for in the payroll deduction process
What does FIT stand for in the payroll process?
what does 'fit' stand for in the payroll deduction process
What is a FIT-S-O payroll deduction?
FIT= Federal Income Tax. S 0= Single 0 Exemptions (From W-4)
what is the standard deduction?
what is the standard deduction
What is a stimulus deduction?
What is a stimulus deduction?
What is a med 125 deduction?
125fam deduction
What music is used in gymnastics?
any kind that u would think would fit ur personality! it cant have words though...that would be a BIG deduction
What rhymes with deduction?
reduction rhymes with deduction
How much standard deduction for men?
Deduction for 5750
standard deduction where to find?
what is the standard deduction for single
What is correct a accurate deduction or an accurate deduction?
Because "accurate" begins with a vowel, you need the article "an", as in "an accurate deduction".
What is an example sentence with deduction?
Watson, you've hit upon yet another brilliant deduction! My tax return could use such a brilliant deduction... I don't recognize this automatic deduction that is listed on my paycheck.
