what about if i make 942.40 and claim 2? This is in Texas.
2006-12-11 12:59:27 · 2 answers · asked by TXHIMstudent83 1 in Business & Finance ➔ Taxes ➔ United States
Weekly Gross Pay
$942.40
Federal Withholding
$143.02
Social Security
$58.43
Medicare
$13.66
Texas
$0.00
Net Pay
$727.29
Calculation Based On
Gross Pay
$942.40
Pay Frequency
Weekly
Federal Filing Status
Single
# of Federal Exemptions
1
Additional Federal W/H
$0.00
State
Texas
2006-12-11 13:08:47 · answer #1 · answered by shes_sneaky 1 · 0⤊ 0⤋
Normally there is a list that used that show the percentages. I used to do this long ago. Just figure 20% best I can do. About $180 taken out so you make about 762.40. This done in my head. If, you claim 2 you may bring home more. I always told my friends to claim 0, as more be taken out, but, it like a little savings account and you get it back. If, you claim 2 you risk owing more at the end of the year. This best I can do.
2006-12-11 13:11:48 · answer #2 · answered by Snaglefritz 7 · 0⤊ 0⤋