Tax Information for Employees
Filing Your Taxes
Everything you need to file your individual federal income tax return.
The Health Care Law: What’s New for Individuals and Families
Most taxpayers will simply need to check a box on their tax return to indicate they had health insurance coverage for all of 2014. For any month during the year that you or any of your dependents don’t have minimum essential coverage and don’t qualify for a coverage exemption, you will need to make an individual shared responsibility payment with your tax return.
EITC Home Page--It’s easier than ever to find out if you qualify for EITC
If you worked but earned less than $52,427 during 2014, you may qualify for EITC. The Earned Income Tax Credit, sometimes called EIC is a tax credit to help you keep more of what you earned. You must file a return and claim the credit to receive it. Find out more about EITC and links to helpful tools and resources.
The federal income tax is a pay-as-you-go tax. There are two ways to pay as you go. If you are an employee, your employer probably withholds income tax from your pay. The amount withheld is paid to the IRS in your name. Estimated tax is used to pay not only income tax, but self-employment tax and alternative minimum tax as well.
Employee Business Expenses
If you are an employee, you may be able to deduct your work-related expenses as an itemized deduction (subject to limitations)
Information regarding the taxability of tip income, employee and employer reporting responsibilities, and the Tip Rate Determination Agreement (TRDA) program.
Determination of Worker Status
Firms and workers file 0811 Form SS-8 (PDF) to request a determination of the status of a worker for purposes of federal employment taxes.