Multi-State Employee Tax Withholding

This course discusses the handling of state taxes when an employee lives in 1 state and works in another.

Created by: Illumeo Learning
Condensed and Efficient Courses for Busy Professionals

Created by: Vicki Lambert (Illumeo)

What Will I Learn?

• Explore the various taxes required by different states including income tax, disability insurance and the plethora of local taxes that may apply to wages paid.
• Discover how to determine state withholding liability.
• Recognize the difference between a resident and a nonresident of a state and how that affects state income tax withholding.
• Explore which states require the use of their own Withholding Allowance Certificate and which state allows either theirs or the Form W-4 to be used and which states do not have a form.
• Identify which states follow the Internal Revenue Code and which version.
• Explore the requirements for reporting wages for multistate employees on Form W-2.
• Identify the four factors that are used to determine state unemployment insurance liability.
• Identify the states that have reciprocal agreements and explore how those agreements affect taxation.

Requirements

• No Advanced Preparation or Prerequisites are needed for this course.

Target audience

• Anyone interested in finance, accounting, taxes or related fields.