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IRS 1099-INT 2025 Salt Lake City Utah: What You Should Know
Utah Salt Lake City, Utah 84134. Sections 402F and 402G impose a self-employment tax on wages of self-employed individuals. In 2017, this tax is 2.2% of the least of 120 per pay period or 1,080. See Publication 468, Employer's Tax Guide in the IRS website. Employers are required to withhold and pay Utah unemployment insurance taxes under the Utah Self-Employment Income Tax Act. An individual's self-employment tax, however, is generally computed at the employee's marginal tax rate, except that the amount withheld for withholding under the Utah unemployment insurance tax section is not applied to the state unemployment compensation tax. If wages of the self-employed individual do not fall within the provisions of the Unemployment Insurance Tax Act, then the withholding under section 402F(3) can have no adverse effect on that individual's federal tax liability. In addition, the withholding under section 402G of the Utah unemployment insurance tax Act is not considered reducing the wages of each Utah-employed individual. Utah Self-Employment Compensation Tax Act Title 12, Chapter 17, Utah Self-Employment Compensation Tax Act Employees do not have a state or federal income tax liability when electing self-employment. Utah Self-Employment Compensation Tax Act Utah Self-Employment Compensation Tax Utah Self-Employment Compensation Tax Act The Utah Unemployment Compensation Tax Act states that “The self-employment tax” means an addition to the self-employment tax imposed by section 16-6A-106.2(4), Code of Utah.
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