I'm a student, part-time worker and I put only myself as dependant. I have a thirty hour work week on ten dollars per hour. So, I make about 300 before taxes. How much will they take away from my paycheck for taxes?
Thanks!
2006-07-18 14:50:57 · 7 answers · asked by ashleyuvjra 3 in Business & Finance ➔ Taxes ➔ United States
this site has a calculator that should allow you to estimate your federal tax withholding, you may also have state tax withheld and there may be money taken from your check for insurance or other company benefits
remember that what is withheld is not necessarily what you owe
at filing time, if too much was withheld you get some back, if too little was withheld, then you owe and have to pay up at that time
http://www.irs.gov/individuals/page/0,,id=14806,00.html
2006-07-18 14:56:45 · answer #1 · answered by enginerd 6 · 2⤊ 0⤋
Figure around 21% to be safe.
So 21% of $300 is $63 in taxes
2006-07-18 21:54:37 · answer #2 · answered by Anonymous · 0⤊ 0⤋
about 20 or 25%
2006-07-18 21:54:04 · answer #3 · answered by Lindseyyy(: 2 · 0⤊ 0⤋
Lindsay C is right on, near 25 %. Just be careful, by claiming yourself you may end up paying in at the end of the year.
2006-07-18 21:55:19 · answer #4 · answered by ? 4 · 0⤊ 0⤋
I put out after the first date
2006-07-18 21:53:35 · answer #5 · answered by Desperato 1 · 0⤊ 0⤋
too much >.>...then again i got 5.15 for my first job so there wasnt much there to begin with
hey where do you work that you're getting 10.00 and hour?
2006-07-18 21:56:27 · answer #6 · answered by Miss. Advice 3 · 0⤊ 0⤋
dont worry they wont take away much at all
2006-07-18 21:53:37 · answer #7 · answered by Anonymous · 0⤊ 0⤋