how many percent of tax we have to pay on our paycheck?

Answer 1

All together medicare, social security, federal (TX does not have state tax) we pay 25%.

Answer 2

The income tax is progressive in America. It is proportional to your TOTAL income and not simply your wage rate.

So, for instance, if you make $20/hour working full-time, you will be taxed at a higher rate for working overtime. If you get a raise, you will also see your tax rate increase. However, if you work less or get another job at $10/hour, it will decrease.

Working full-time for around $13/hour, the tax rate is almost exactly 25%. The top income tax bracket pays around 35% of their income to the feds. The lowest income tax bracket pays around 10%. This bracket was expanded by the 2003 tax cuts and the top bracket was lowered from 40% in the 2001 cuts.

Answer 3

Everyone pays 6.2% for Social Security and 1.45% Medicare right off the top. The rest depends on what tax bracket, and filing status you have for Federal taxes. Also, your state and city might have a percentage they take as well.

Answer 4

For most adults, take-home pay is going to be no more than 80%, usually more like 70% after taxes, and other deductions. To find out, calculate your net against your actual pay and get the %. than you can always use that % to figure out how much your check will be.

-Jester

Answer 5

It depends on:

the taxpayer's marital status.
the number of children or dependents the taxpayer has.
whether or not he is an employee.
if the taxpayer wants to claim child tax credits.
if the taxpayer holds two or more jobs.
if the taxpayer plans to itemize.
any tax exemptions from withholding that the taxpayer wants to claim.
any additional amount the taxpayer wants to withhold.

Answer 6

depends how much you earn. the very rich often dont pay any tax their lawyers find loopholes in the law.

Answer 7

Depends on how much money you make.