Employee Payroll Tax Rates - FICA Employee Payroll Tax Rates - FUTA Employment Tax Forms W2, W3 and W4 Independent Contractor or Employee - also discusses IRS Form 1099-MISC Employee Payroll Tax Deposits - FICA & FITW (Form 941) Employee Payroll Tax Deposits - FUTA & SUTA (Form 940) Business Travel Allowances CONUS - please note that self-employed individuals are not eligible to use per diem rates. The same applies for individuals that own 10% plus of a company.