what is fit taxes?Advertisement
How to Calculate the F.I.T Tax. No matter what you do for a living, you will need to compute the taxes you owe and pay those taxes. If you work for someone else, your employer should automatically withhold federal income taxes, Social Security taxes and other applicable taxes from your paycheck. - read more
Federal Income Tax (FIT) Federal income tax is a system overseen by the IRS which collects money based on your earned income - as you likely already know, your federal income tax return must generally be filed by April 15 of each year. Federal Insurance Contributions Act (FICA) Income Taxes ... - read more
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