- Domestic Employer Tax AKA Household Employment Tax or Nanny Tax
- Various payroll or employment taxes assessed on wages paid to household employees, including FICA (Social Security, Medicare), FUTA, SUI (SUTA), SDI, and others.
- Employment Taxes
- Various taxes assessed on wages paid to employees. These taxes are the responsibility of the employer. Some are paid by the employer, and some are deducted from the worker's wages. These taxes are distinguished from income taxes which are assessed on individuals and are the worker's responsibility.
- Experience Rate
- A percentage used by states for state unemployment tax for a particular employer, based upon a combination of wages reported, contributions paid, and benefit claims charged to the employer's account.
- FEIN
- Federal Employer Identification Number.
- FICA (Federal Insurance Contribution Act)
- An employment tax. The combination of Social Security tax and Medicare tax. The federal Social Security and Medicare system.
- FLSA (Fair Labor Standards Act)
- Federal regulations governing employer treatment of employees in various areas, including federal minimum wage. Many states also have regulations governing some matters, which may exceed the federal requirements.
- FORMS
- Forms are listed separately at the end of this alphabetical glossary. Click this link to jump to that section.
- FUTA (Federal Unemployment Tax Act)
- An employment tax. The federal portion of the combined federal/state unemployment system. Sometimes referred to as FUI, the federal UI tax is paid by the employer.
- Gross Pay Contrast to Net Pay
- The amount of salaries or wages being paid by an employer before any deductions have been take out.
- Household Employment Tax AKA Domestic Employer Tax or Nanny Tax
- Various payroll or employment taxes assessed on wages paid to household employees, including FICA (Social Security, Medicare), FUTA, SUI (SUTA), SDI, and others.
- Nanny Tax AKA Domestic Employer Tax or Household Employment Tax
- Various payroll or employment taxes assessed on wages paid to household employees, including FICA (Social Security, Medicare), FUTA, SUI (SUTA), SDI, and others. The taxes are applicable not just to wages of Nannies, but to any household employee's wages.
- Net Pay Contrast to Gross Pay
- The amount of salaries or wages reduced by deductions taken out. Employee's earnings after taxes and other deductions.
- Payroll
- Wages or salaries paid by employers to employees. The records of wages or salaries, gross pay, deductions, and net payments to employees.
- SDI (State Disability Insurance)
- An employment tax in some states.
- SEIN
- State Employer Identification Number.
- SUI (State Unemployment Insurance)
- An employment tax. The state portion of the combined federal/state unemployment system. In most states the state UI is paid entirely by the employer.
- SUTA AKA SUI
- By extension from the federal terminology (FUTA) sometimes used to refer to the state portion of the combined federal/state unemployment system.
- Tax Avoidance Contrast with Tax Evasion
- Legal means for reducing taxes.
- Tax Evasion Contrast with Tax Avoidance
- Illegal means to avoid paying taxes.
- TUCA (Texas Unemployment Compensation Act)
- In Texas sometimes used to refer to state unemployment taxes or UI or SUI or SUTA.
- UI (Unemployment Insurance)
- An employment tax. The combined federal/state unemployment system that helps some workers by providing them with unemployment compensation when they lose a job. Funded through a combination of federal and state unemployment taxes (see FUTA, SUI, SUTA.)
- Withholding Tax
- A tax deducted from a worker's wages. Usually used to refer only to the household worker's federal, state, and local income taxes that are deducted from wages, but sometimes used to refer to all taxes deducted from wages.
- Workers Compensation Insurance
- Insurance policy covering work-related injury and illness. Not a part of payroll or employment taxation, but required to be purchased by employers in some states. Once known as Workmens Compensation.
FORMS GLOSSARY
For links to online forms go to our individual federal and state forms pages available from our HOME page.
- Form C-1
- Used to register as a domestic employer in Texas and obtain a state employer identification number (SEIN.)
- Form C-3
- Used to report Texas quarterly wages and taxes.
- Form C-20
- Used to elect annual reporting in Texas.
- Form DE 1HW
- Used to register as a domestic employer in California and obtain a state employer identification number (SEIN.)
- Form DE 34
- Used to report California new hires or re-hires.
- Form DE 3BHW
- Used by some domestic employers to report California quarterly wages and taxes.
- Form DE 3HW
- Annual payroll tax return for some California household employers.
- Form DE 6
- Used by some domestic employers to report California quarterly wages and taxes.
- Form DE 7
- Annual payroll tax reconciliation statement for some California household employers.
- Form DE 88
- Used as payment coupon by some domestic employers to pay California quarterly taxes.
- Form DR-1
- Used to register as a domestic employer in Florida and obtain a state employer identification number (SEIN.)
- Form Schedule H
- Used to report federal household employment taxes. It is a part of the annual individual income tax package 1040.
- Form I-9
- Employment Eligibility Verification. INS form required for verification of worker's legal right to work in the US.
- Form SS-4
- Used to register as an employer and obtain a federal employer identification number (FEIN.)
- Form UCT-6
- Used to report Florida quarterly wages and taxes.
- Form W-2
- Issued annually to each employee, reports compensation and taxes for the year. The employer also files these forms with the Social Security Administration (SSA) and in some states with the state tax authorities.
- Form W-3
- Used to transmit forms W-2 to SSA.
- Form W-4
- Employee's Withholding Allowance Certificate, Federal. Gives the filing status and exemptions for the worker, thus determining the amount of income tax to withhold. Not needed if opting not to withhold income taxes.
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