Employers are responsible for deducting Social Security tax, Medicare tax, and federal and state unemployment taxes from employees' paychecks. You can pay the IRS directly or withhold taxes from your payment.You can complete the W4S with your estimated adjusted gross income and any income tax withheld to date to determine if withholdings are recommended. As a person with a disability, you may qualify for certain tax deductions, income exclusions, and credits. Members of the Investment Plan must complete a Spousal Acknowledgment Form for Disability Retirement Form (SA-2). Learn how to view, stop, or change the amount you withhold from your annuity payments for federal and state income taxes. Florida State Tax: Florida does not have a state income tax. It's natural to think about the long-term implications when starting a new payment plan for anything, including insurance.