OTHER PAYROLL TAXES

Lessons:
1.	GENERAL PRINCIPLES
2.	EXEMPTIONS - FILING STATUS
3.	THE TAX COMPUTATION
4.	GROSS INCOME EXCLUSIONS AND INCLUSIONS
5.	GROSS INCOME EXCLUSIONS AND INCLUSIONS (Cont'd)
6.	GAIN OR LOSS ON THE SALE OR EXCHANGE OF PROPERTY
7.	BASIS
8.	CAPITAL GAINS AND LOSSES
9.	BUSINESS DEDUCTIONS
10.	OTHER ALLOWABLE DEDUCTIONS
11.	DEPRECIATION, ACCELERATED COST-RECOVERY, DEPLETION AND AMORTIZATION
12.	BUSINESS AND CASUALTY LOSSES
13.	BAD DEBTS
14.	SELF-EMPLOYMENT TAX
15.	ESTIMATED TAX
16.	PAYROLL TAXES INCOME TAX WITHHOLDING
17.	OTHER PAYROLL TAXES
18.	TAX CREDITS
19.	SPECIAL PROVISIONS FOR GAIN ON THE SALE OF TAXPAYER'S RESIDENCE
20.	MISCELLANEOUS SPECIAL PROVISIONS

Assignment 17

OTHER PAYROLL TAXES

Contents

Introduction	1701
FICA Tax
Purpose of the Tax - Tax Rates	1702
Maximum Wages Subject to the FICA Tax	1703
Who is Covered	1704
Domestic Employees	1704A
Employees vs. Independent Contractors	1705
Wages Subject to Social Security	1706
Special Rules for Tips	1707
Employer's Identification Number	1708
Remittance of the Payroll Taxes	1709
Employer's Quarterly Return on Form 941	1710
FUTA Tax
Purpose of the Tax - Tax Rates	1711
Who is Subject to the Federal Unemployment Tax	1712
Wages Subject to Federal Unemployment Tax	1713
Return and Payment of the Tax	1714
Withholding Statements	1715
Transmittal Form W-3	1716
Records of Wage Payments	1717
Information Returns	1718
Special Reporting Requirements for Restaurants and Beverage Establishments	1719
How Long Returns and Records Have to be Kept	1720
Special Rules for Various Types of Services and Payments	1721