Talk:Taxable wages
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illogical example
editAs you can see in this example, Joe Smith earns 8500. Since this is higher than the limit of FUTA for taxable wages, which is 7000, the FUTA tax calculated for Joe cannot be calculated against any more than the limit of 7000.
Is this trying to imply that the "extra" 1500 will be taxed according to normal income tax? In any case, it would be better to explain taxable wages using a "normal" example of a normally employed person. --Espoo 14:36, 17 September 2006 (UTC)
Multiple problems
editThis article has multiple problems: factual inaccuracy, imprecision, stub, no context, poorly written. It seems to be a candidate for deletion.
The term "taxable wages" is used in FICA, Medicare tax, FUTA, SUTA, certain state taxes. I have encountered the term outside the U.S., but can't recall where. As another note points out, the example has problems.Oldtaxguy (talk) 04:13, 3 June 2010 (UTC)
Assessment comment
editThe comment(s) below were originally left at Talk:Taxable wages/Comments, and are posted here for posterity. Following several discussions in past years, these subpages are now deprecated. The comments may be irrelevant or outdated; if so, please feel free to remove this section.
== WP Tax Class ==
The article needs an expansion, better explanation, and to be globalized.-- EECavazos (talk) 19:40, 16 November 2007 (UTC) == WP Tax Priority == Mid priority because the article's topic is a worldwide concept, but the article doesn't state its impact or notability.-- EECavazos (talk) 19:41, 16 November 2007 (UTC) |
Last edited at 19:41, 16 November 2007 (UTC). Substituted at 07:41, 30 April 2016 (UTC)