- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
No, the employer taxes you mentioned are not treated the same way as Federal Income Tax. With Federal taxes, it is a pay as you go system and at the end of the year, you may have paid in too much or too little. Then there is a reconciliation. With employer taxes, you are calculating the amount you owe and paying it down to the penny in some cases. There is no refund unless you make a mistake.
‎February 3, 2023
7:15 AM
1,000 Views