Like, federal tax, medicare... yada yada yada. And i also need all the percentages. THANKS!
2006-11-20 13:55:22 · 4 answers · asked by Glitterz23 2 in Business & Finance ➔ Taxes ➔ United States
first of all it depends on your filing status, where you live, if you have a local tax, etc. i live in NYC and here are our payroll deductions
Federal - approx 25%
Fica - 6.2% up to $94,200 of wages
Medicare - 1.45%
State - 9%
City (may not be applicable)
disability - .60 per week
your state tax rate may be different, or you may not have state and local taxes at all !
you can also have pre-tax deductions like health insurance and 401(k) contributions
2006-11-20 14:17:50 · answer #1 · answered by tma 6 · 0⤊ 0⤋
The Federal Tax is from a chart
Social Security and Medicare are percentages
I forget Soc Sec but medicare is .0145%
Want to keep All your Paycheck -
Support the Fair Tax!
2006-11-20 13:58:47 · answer #2 · answered by tomkat1528 5 · 1⤊ 0⤋
Taxes....Federal, State, Medicare, and Social Security.
2006-11-20 14:21:57 · answer #3 · answered by Anonymous · 0⤊ 0⤋
medicare - for medicare for when you need it
soc sec - for ss when you get real old (like over 65)
fed withholding - money that your employer withholds to prevent you from having to pay a ton of $ all at once in taxes
percentages?? they vary...
and there isn't even an exact % for your fed withholding, it's based on how much your earning and how much you earned last year, etc...
2006-11-20 14:00:47 · answer #4 · answered by forex 3 · 0⤊ 1⤋