Publication 80 - (Circular Ss),federal Tax Guide For Employers In The U.s. Virgin Islands, Guam, American Samoa, And The Commonwealth Of The Northern Mariana Islands Page 21
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24Treatment Under Employment Taxes
Special Classes of Employment
Social Security
Federal Unemployment
and Special Types of Payments
and Medicare
(U.S. Virgin Islands Only)
Retirement and pension plans: (continued)
6. Distributions from qualified retirement and
Exempt.
Exempt.
pension plans and section 403(b) annuities.
Salespersons:
1. Common law employees.
Taxable.
Taxable.
2. Statutory employees (referred to in section 1). Taxable.
Taxable except for full-time life insurance sales
agents.
3. Statutory nonemployees (qualified real estate Exempt. Treated as self-employed individuals if substantially all payments directly related to sales
agents and direct sellers).
or other output and services performed as nonemployees specified in written contract. Direct
sellers must be in the business of selling consumer products other than in a permanent retail
place of business.
Scholarships and fellowship grants (includible Taxability depends on the nature of the employment and the status of the organization. See
in income under section 117(c)).
Students below.
Severance or dismissal pay.
Taxable.
Taxable.
Service not in the course of the employer’s
Taxable if employee is paid $100 or more in
Taxable only if employee is paid $50 or more in
trade or business, other than on a farm
cash in a year.
cash in a quarter and works on 24 or more
operated for profit or for household
different days in that quarter or in the
employment in private homes.
preceding quarter.
Sickness or injury payments under:
1. Worker’s compensation law.
Exempt.
Exempt.
2. Certain employer plans.
Exempt after end of six calendar months after calendar month employee last worked for
employer (applies to both 2 and 3). See Pub. 15-A for details.
3. No employer plan.
Students:
1. Student enrolled and regularly attending
classes (generally, at least half time or
equivalent) while pursuing course of study,
performing services for:
a. Private school, college, or university.
Exempt.
Exempt.
b. Auxiliary nonprofit organization operated for Exempt unless services are covered by a section Exempt.
and controlled by school, college, or
218 (Social Security Act) agreement.
university.
c. Public school, college, or university.
Exempt unless services are covered by a section Exempt.
218 (Social Security Act) agreement.
2. Full-time student performing service for
Taxable.
Exempt unless program was established for or
academic credit, combining academic
on behalf of an employer or group of
instruction with work experience as an integral
employers.
part of the program.
3. Student nurse performing part-time services
Exempt.
Exempt.
for nominal earnings at hospital as incidental
part of training.
4. Student employed by organized camps.
Taxable.
Exempt.
Supplemental unemployment compensation
Exempt under certain conditions. See Pub. 15-A. Exempt under certain conditions. See Pub. 15-A.
benefits.
Tips:
1. If $20 or more in a month.
Taxable.
Taxable for all tips reported in writing to
employer.
2. If less than $20 in a month.
Exempt.
Exempt.
Worker’s compensation.
Exempt.
Exempt.
Page 21
ADVERTISEMENT
0 votes
Related Articles
Related forms
Instructions For Form 941-ss - Employer's Quarterly Federal Tax Returnamerican Samoa, Guam, The Commonwealth Of The Northern Mariana Islands, And The U.s. Virgin Islands - 2017
Financial
Instructions For Form 941-ss - Employer's Quarterly Federal Tax Returnamerican Samoa, Guam, The Commonwealth Of The Northern Mariana Islands, And The U.s. Virgin Islands - 2012
Financial
Instructions For Form 944-ss - Employer's Annual Federal Tax Return American Samoa, Guam, The Commonwealth Of The Northern Mariana Islands, And The U.s. Virgin Islands - Internal Revenue Service - 2007
Financial
Instructions For Form 941-ss - Employer's Quarterly Federal Tax Returnamerican Samoa, Guam, The Commonwealth Of The Northern Mariana Islands, And The U.s. Virgin Islands - 2006
Financial
Instructions For Form 941-ss - Employer's Quarterly Federal Tax Returnamerican Samoa, Guam, The Commonwealth Of The Northern Mariana Islands, And The U.s. Virgin Islands - 2009
Financial
Instructions For Form 941-ss - Employer's Quarterly Federal Tax Returnamerican Samoa, Guam, The Commonwealth Of The Northern Mariana Islands, And The U.s. Virgin Islands - 2010
Financial
Instructions For Form 941-ss - Employer's Quarterly Federal Tax Returnamerican Samoa, Guam, The Commonwealth Of The Northern Mariana Islands, And The U.s. Virgin Islands - 2010
Financial
Related Categories
Parent category: Financial