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You can check the status of your Indiana state tax refund online at the state's INTIME portal, or by calling the automated refund line at 317-232-2240. You'll need to provide a Social Security ...
All Indiana counties have a local income tax reported on Form IT-40. The rates for readers in the local area: St. Joseph (.0175), Elkhart (.02) and Marshall (.0125).
Most new employers in the state of Indiana start with a 2.5% unemployment tax rate unless your company is a construction company, successor company, or a government entity, at which point your tax rate is 2.53%, .5% to 9.4%, 1.6% respectively. [9] Indiana employers are required to pay unemployment taxes for any year in which they have employees ...
Taxes under State Unemployment Tax Act (or SUTA) are those designed to finance the cost of state unemployment insurance benefits in the United States, which make up all of unemployment insurance expenditures in normal times, and the majority of unemployment insurance expenditures during downturns, with the remainder paid in part by the federal government for "emergency" benefit extensions.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
The filing deadline for most 2023 federal and state of Indiana income tax returns is April 15, 2024.
Although there’s no Florida income tax for individuals, the state does charge a 5.5% corporate income tax rate. Without an income tax, Florida is often a popular destination for retirees or ...
Certain credits are allowed with respect to state unemployment taxes paid that may reduce the effective FUTA rate to 0.8%. Effective July 1, 2011, the rate decreased to 6.0%. That rate may be reduced by an amount up to 5.4% through credits for contributions to state unemployment programs under sections 3302(a) and 3302(b), resulting in a ...