I just landed a new job in AZ , and I'm in the process of
filling out my A4, but it has options for 0.8%, 1.3%, 1.8%, 2.7%, 3.6%, 4.2 % and 5.1%. Now,
how do I decide which one to choose? (I'm an international student and working
on CPT if that makes any difference)
Answer :
Then even if you are a non US resident for federal tax
purposes, you need to file your AZ return as a full year resident of AZ, Not a
non-resident of AZ, so you need to file AZ form 140(as long as you need to file
AZ return). So I guess you , as a new EE, need to complete A4 in the first five
days of employment to select an Arizona withholding percentage. You may also
have your employer withhold an extra amount from each paycheck. If you do not file
this form, the department requires your employer to withhold 2.7% of your gross
taxable wages. You may elect an AZ withholding percentage of zero if you expect
to have no AZ income tax liability for the current year. AZ tax liability is
gross tax liability less any tax credits, such as the family tax credit, school
tax credits, or credits for taxes paid to other states. If you make this
election, your employer will not withhold AZ income tax from your wages for
payroll periods beginning after the date you file the form. Zero withholding
does not relieve you from paying AZ income taxes that might be due at the time
you file your AZ income tax return. If you have an AZ tax liability when you
file your return or if at...Read More...
No comments:
Post a Comment