State income taxes generally can be characterized by:

Question

Quizplus · Accepted Answer

State income taxes typically include provisions for withholding procedures, which involve employers deducting a certain percentage of their employees' income to pay for state taxes. This is similar to federal income tax withholding procedures. While some states may have different tax filing dates than federal taxes, and some may allow deductions for federal taxes paid, these are not universal characteristics of state income taxes. Similarly, state income taxes may apply to both individuals and corporations, depending on the state's tax laws.

State Income Taxes Generally Can Be Characterized By