2006-10-12 08:17:50 · 3 answers · asked by SoulDC 1 in Business & Finance ➔ Taxes ➔ United States
this is going to depend upon a lot of factors, like your total gross income, whether you're married or single, and how many deductions you have for things like a mortgage and kids.
A very simple rule of thumb is 33% of your gross income will go to pay taxes (State and Federal) and Social Security. This % will be higher or lower depending upon your actual tax bracket.
The only way to know for sure is to fill out all the necessary forms to figure your own percentage.
2006-10-12 08:26:49 · answer #1 · answered by Chris H 4 · 0⤊ 0⤋
Use the IRS tax calculator to figure out your tax liablity here:
http://www.irs.gov/individuals/page/0,,id=14806,00.html
2006-10-12 18:00:18 · answer #2 · answered by RamsGod 3 · 1⤊ 0⤋
After everything is withheld, the common amount is about 23%
2006-10-12 15:27:20 · answer #3 · answered by wellaem 6 · 0⤊ 1⤋