Income tax in the US

Everyone who works in the United States is required to pay income tax, which is the most serious source of federal government funding. The entire government administration and army survive on it. It is from him that social assistance is provided to those in need and subsidies to state authorities.
There are different types of taxes in the US. The most important is the federal income tax charged by the Internal Revenue Service (IRS) - an office that is part of the state treasury. Which tax you pay depends on the amount of earnings and tax breaks you have applied for. Taxes in the US range from 10% to 35%. Taxes are paid not only on income, but also on many other occasions, and even after death.
The employer is obliged to collect from the employee's salary a deposit for federal and state tax (where applicable), as well as to pay social security advances and sickness contributions (in total approximately 7.65% of gross income). The employer then transfers the deposit, usually once a quarter, to the appropriate office. The employer is also obliged to send the employee the W2 form by 31 January of the following year, which contains the sum of remuneration paid and taxes collected (it is the basis for tax settlement with the IRS). The employer may additionally collect health insurance fees, a 401 (k) fund and pension fund contributions from the employee's payment.

If you work as a self-employed person, you must pay the estimated amount of tax due every quarter. Taxpayers may face high fines for not paying tax. The estimated amount of tax is paid using the appropriate form (IRS Form 1040-ES).
The US tax law provides for a certain amount of tax-free income that you can earn during the year without taxation, i.e. you don't have to pay tax on a certain amount of income. The income tax exempt limit is set for each year. Above the tax-free amount, all liabilities to the IRS should be settled in accordance with the tax table issued by the tax office by the end of January of the year following the year of settlement.

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Types of Income Tax in the US:

Federal tax. It is usually 10% of income. This rate increases depending on the amount of income achieved (progressive system). It is paid by corporations, small and large companies as well as individual citizens. Federal tax applies throughout the United States.
State tax. Is 1-10% of income. This tax is not payable in the following states: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Washington, Wyoming.
The possibility of recovering advances depends on the sum of income and tax regulations of individual states.
Local taxes. They constitute 1-2% of income. These advances are not refundable.
Occasionally, employers deduct social security tax (FICA) and medicare tax in the form of a tax. Often these are large sums of up to 10% of income. Unfortunately, students working on Work & Travel programs cannot recover them.
The tax year in the US coincides with the calendar year, so it runs from January 1 to December 31. The taxpayer is required to submit his federal tax return by April 15 of the following year. If for important reasons you are unable to send your statement before April 15, you can ask for an extension of the deadline for submitting your statement (using the form - IRS Form 4868), but not later than until October 15. You should also remember that in this case you will have to pay interest on tax that had to be paid before April 15.
A possible fight against the IRS is very tedious, unpleasant and usually ends in a loss. Therefore, one should be prepared to be able to prove the correctness of tax settlement in the event of an inspection.