Guest Kevin Plymyer Posted September 26, 2000 Posted September 26, 2000 My question is in regards to the required 20% withholding on the employer contributions. I know that you can submit the federal withholding to the IRS using the form 8109-B for those of us who are not electronic filers. My question is how do we submit withholding for any State Tax that is withheld from a distribution. Is their a universal form or is this a state by state consideration?? Could someone point me in a direction to find out the policy and procedure for submitting State Withholding.
KIP KRAUS Posted September 27, 2000 Posted September 27, 2000 Have you checked with your payroll department to see if they may know? They have to be sending withheld taxes into the state.
david rigby Posted September 27, 2000 Posted September 27, 2000 You might try this: http://www.sisterstates.com/ I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
Guest Posted September 27, 2000 Posted September 27, 2000 Kevin, This withholding rules for retirement plans are on a state by state basis. I am the Tax Manager responsible for depositing the withholding taxes on behalf of 600 plans in 42 states. Some states have mandatory withholding, some have opt out rules and others are voluntary withholding states. Feel free to drop me a note with any state specific question
david rigby Posted September 27, 2000 Posted September 27, 2000 I cannot vouch for its accuracy, but this is a pretty good summary: http://www.cigna.com/professional/news/com...st/y2ksw_w.html (click on State Withholding Information Sheet for a nice summary.) I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
stephen Posted January 21, 2004 Posted January 21, 2004 Does anyone have an updated link for the above listing? This one is no longer working.
Harwood Posted January 21, 2004 Posted January 21, 2004 http://www.cigna.com/retire/general/compli...st/2002SWIS.pdf
Recommended Posts
Archived
This topic is now archived and is closed to further replies.